MUST ANSWER ALL 3 for thumbs up

1. The boards of directors of banks tend to have fewer directors and a smaller percentage of outside directors than boards of other types of firms.- True or False?

2. Some loans to high-quality customers are commonly offered at rates below the prime rate. True or False?

3. The international debt crisis has demonstrated that diversifying loans among foreign countries guarantees low risk and that loans to foreign governments are risk-free. True or False?