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Mammoth Enterprises Is a New Customer to the Bank

Question 221

Multiple Choice

Mammoth Enterprises is a new customer to the bank. It is a wholly owned subsidiary of Mammoth Corporation. Which of the following statements, if true, would make Mammoth Enterprises an exempt customer at the bank?


A) Mammoth Corporation is a London corporation, trading on the London Stock Exchange.
B) Mammoth Corporation is a U.S. corporation with unlisted stock.
C) Mammoth Corporation is a U.S. corporation trading on the American Stock Exchange.
D) Mammoth Enterprises is a U.S. corporation primarily in the investment banking business.

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