ANSWER THIS QUESTIONS AND GIVE EXPLANATION WHY THE ANSWER CORRECT

Which of these places are not offshore centers?

a. Island of Palau

b. Brunei

Which one is not the core functions of investment bank?

a. Selling of securities

b. Accepting deposits

c. Advisory services

d. Marketing of securities

Syndicated loan refers to the process of lending by ",

a. loans but one bank

b. many banks and many loans

c. many banks but one loan

d. one bank and one loan

Sovereign risk refers to the risk absorbed or accepted by the..

a. Company

b. Corporation

c. Government

d. Association