1. The Depository Institutions Deregulation and Monetary Control Act of 1980 ____________.
allowed S&Ls to offer the same conventional demand deposits that commercial banks offer.
removed all restrictions on commercial loans by S&Ls.
removed all restrictions on consumer loans by S&Ls.
allowed banks to offer negotiable order of withdrawal (NOW) accounts.
2. According to Berkery it is not wise for a limited partner to make all of her VC investments in one year. It makes more sense to spread the fund’s investments out over time since the VC market is cyclical and this reduces the chance of hitting the bottom of a cycle.
TRUE OR FALSE