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1. In case of bankruptcy of any listed firm: O Shareholder and Bonds owners will claim their money at the same time. 0 Shareholders and

1. In case of bankruptcy of any listed firm: O Shareholder and Bonds owners will claim their money at the same time. 0 Shareholders and Bonds owners will not claim their money. Shareholders and Bond owners both have joint responsibility. O None.

2. Decline in asset price will led to following a boom: O Moral hazard may increase in companies that have lost net worth in the bust. O Banks could make profit by offer more deleveraging. O CMA will stop trading of shares to protect investors. O None.

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