According to Edward Kane,because the banking industry is one of the most ________ industries in America,it is an industry in which ________ is especially likely to occur.

Question

Quizplus · Accepted Answer

The term "regulated" suggests the presence of rules and oversight, which can create incentives to exploit loopholes in those rules. This makes "loophole mining" more likely in a regulated industry like banking. While the banking industry can also be competitive, the question asks for the industry where loophole mining is especially likely to occur, making choice C the best answer.

According to Edward Kane,because the Banking Industry Is One of the Most