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Q: Can banks assign their loan contracts to other firms?
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Why are the lines between the categories of financial firms becoming more blurred than in the past?

because banks, thrifts, pension companies, insurance companies, and security firms can now merge with one another and sell each other's products


Who cannot file for a Chapter 11 bankruptcy?

It does not apply to companies that are regulated by other statutes, such as banks, savings and loan associations, unions, insurance companies, and brokerage firms.


How the circular flow model works?

house holds work and spend firms - provide goods and employ also some spply other firms government - provide goods and services but transfer payments eg taxes and pensions Banks - take savings and lend for spendings - Interconnected economy - Money is Vital - Banks and government allow complex economy MO!!


On what basis do mutual funds offer their services?

They sell their shares to investors either directly or through other firms such as broker-dealers, financial planners, employees of insurance companies, and banks.


What is credit registry?

A credit registry is defined as a database managed by the public sector, usually by the central bank or the superintendent of banks, that collects information on the creditworthiness of borrowers (individuals or firms) in the financial system and facilitates the exchange of credit information among banks and other bank.


What is meant by resource immobility?

the inability of competing firms to obtain resources from other firms


When one muscle contracts what happens to the opposing muscle?

When one muscle in a pair contracts the other expands.


Why do firms purchase other corporations?

help


Who are other brokerage firms on Wall Street?

John Carris Investments LLC and JPMorgan Chase & Co are other brokerage firms on wall street.


Where do corporate lawyers work?

in corporations and companies. in other words, they work for legal persons other than law firms (firms specialized in legal issues)


What does the other muscle do when one relaxes?

It Contracts


When a muscle contracts what does the other one do?

relax