Banks, Quasi-banks, and Trust Entities Distinguished

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1. Which funding method is central to RA 8791’s quasi-bank definition?
2. Which activity most directly illustrates trust business under sections 79 and 83?
3. Which regulator supervises banks and exercises regulatory powers over quasi-banks and trust entities under RA 8791?
4. An authorized universal bank asks whether section 6’s express authority includes quasi-banking functions. Which is corr…
5. A firm acts only as trustee managing client property under its trust authority. A client argues that this automatically…
6. A nonbank firm borrows through instruments stipulated to qualify as deposit substitutes and uses proceeds to purchase r…
7. A trust entity proposes investing trust funds in a debt instrument of one of its directors without specific trustor aut…
8. Distinguish banks, quasi-banks, and trust entities by their characteristic functions under RA 8791.
9. Why does authority to perform one financial function not automatically establish unrestricted authority to perform ever…
10. Explain section 80’s insider-transaction safeguard for trust administration.
11. Under RA 8791 Section 87, how must trust business and its funds be treated relative to the entity’s general business?
12. Under Section 92, whose claims may reach assets held in the entity’s trustee capacity under the stated trust-asset rule?