1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Artist 52 [7]
3 years ago
9

The LIBOR scandal in 2012 involved a. banks reporting inflated earnings from their loans. b. hackers breaking into the loan docu

mentation files. c. banks falsely reporting the interest rates they offered in the interbank market. d. collusion among the banks when setting the commercial paper rate.
Business
1 answer:
stepladder [879]3 years ago
4 0

Answer:

C) banks falsely reporting the interest rates they offered in the interbank market.

Explanation:

The LIBOR rate is used all over the world to set banking interest rates. it reflects the cost of interbank loans. The LIBOR was used as a benchmark to charge interest rates to clients around the world, e.g. LIBOR + 2%.

The scandal involved many major banks, e.g. Deutsche Bank, Barclays, UBS, Rabobank, HSBC, Bank of America, Citigroup, JPMorgan Chase, the Bank of Tokyo Mitsubishi, Credit Suisse, Lloyds, WestLB, Royal Bank of Scotland, and a long list of etc.

What the banks did was artificially manipulate the LIBOR rate by increasing or decreasing it to show artificial profits from trading activities. When the manipulation was discovered, it had been going on for at least 7 years, and some believe it started earlier.

You might be interested in
Generating ideas by comparing specific project practices or product characteristics to those of other projects or products insid
maria [59]

Answer:

C) benchmarking

Explanation:

Benchmarking refers to the process by which a company compares its products or services, or business practices to the products or services, or business practices of the industry's leader. For example, Microsoft benchmarks its Edge browser to Google Chrome.

This way a company can determine how they compare against the important player and it also helps them to acknowledge in what ways can they improve their products or services, or business practices.

7 0
3 years ago
The calculation of the payback period for an investment when net cash flow is even (equal) is:
aksik [14]

Answer:cost of investment/annual net cash flow

Explanation:

7 0
3 years ago
Which Sunshine Apartment rental policy is considered legal under the 1968 federal fair housing laws? A) The lease of any tenant
IceJOKER [234]

Answer: B) Owners can refuse to rent to prospects who have long hair and ride motorcycles.

Explanation:

The 1968 Federal Fair Housing Laws established that it is illegal to discriminate or refuse housing to a person based on <em>race or color; religion; national origin; familial status or age—includes families with children under the age of 18 and pregnant women; disability or handicap, or sex. </em>

Option A would be considered as a violation of the no discrimination based on race stipulation of the law.

Option C would be a violation of the no discrimination based on sex stipulation of the law.

And Option D would be a subtle violation but nonetheless a violation of the no discrimination based on race stipulation.

Option B is the only option that doesn't seem to break any of the stipulations of the 1968 act.

5 0
3 years ago
As explained in your textbook, the three main parts of a speech are called the
lesantik [10]

Answer:

The correct answer is B. The three main parts of a speech are the introduction, the body, and the conclusion.

Explanation:

The speech is a succession of words, expressed orally, that serve to express what we want or want to say.

Its main function has been from its origins to communicate or expose, but with the main objective of persuading its audience.

The speech is composed of three parts: introduction, body and conclusion:

-The introduction is one of the most important parts of the discourse since in this it is exposed the subject that will be treated.

Its function is to mark that the speech begins, attract the attention of the receiver, dissipate animosities, gain sympathy, set the interest of the recipient and establish the theme, thesis or objective.

-The body is the longest part since the whole theme is exposed in it: doubts and everything necessary to expose a considered justification of the idea are taken out.

-The conclusion is a strategic point, since it makes a small reflection about all of the above. The end must constitute the compendium of what has been said.

7 0
3 years ago
The Grange was an organization that____________.
Fittoniya [83]

Answer: Option A. established cooperatives for storing and marketing farm output

Explanation:

The Granges consist of many group of people that are mainly farmers and other group of people. The Grange is based on farm and rural community value. The Grange helps people, especially farmers by established cooperatives for storing and marketing farm output. Most Granges support community service and volunteer work in addition to providing their members with a community with whom to discuss farming matters. The Grange tries to bring together people involved in different areas of agriculture as well as different parts of the community.

8 0
3 years ago
Other questions:
  • S takes out a health insurance policy which contains a provision that states that the agent does not have the authority to chang
    7·1 answer
  • Nell and Kirby are in the process of negotiating their divorce agreement. What should be the tax consequences to Nell and Kirby
    14·1 answer
  • Organizations are moving toward more ____-focused development approaches, seeking to improve not only the functionality of the s
    11·1 answer
  • Which historical style period lasted less than 100 years?
    12·1 answer
  • When a competitive market achieves allocative efficiency, it implies that:
    8·1 answer
  • Which of the following does NOT increase food intake?a) serotoninb) beta-endorphinsc) decreased blood glucose levelsd) neuropept
    7·1 answer
  • What is the meaning of the X​- and Y​-intercepts? A. These points demonstrate an inefficient use of resources. B. These points s
    7·1 answer
  • Economists use the word marginal to mean an extra or additional benefit or cost of a decision. An optimal decision occurs when _
    12·1 answer
  • g Suppose a bond is priced at $1035, has 12 years remaining until maturity, and has a 12% coupon, paid monthly. What is the amou
    10·1 answer
  • Lord SR, Ward JA, Williams P, Anstey K. An epidemiological study of falls in older community-dwelling women: the Randwich falls
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!