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This quiz consists of 5 multiple choice and 5 short answer questions through Chapters 8 and 9.

Multiple Choice Questions

1. In Chapter 8 a deal was struck whereby Rich would be provided with how many barrels of oil daily?
(a) 100,000.
(b) 150,000.
(c) 50,000.
(d) 200,000.

2. Where was Marc Rich born?
(a) Antwerp, Belgium.
(b) London, England.
(c) Oslo, Norway.
(d) New York, U.S.

3. The author writes in Chapter 5 that during Jesselson's tenure at Philipp Brothers there was no need for buy-outs or what?
(a) Government regulation.
(b) Golden parachutes.
(c) Freedom parades.
(d) Bailouts.

4. Following Rich's takeover as the head of Philipp Brothers' Madrid office, the downturn in industry in the U.S. and other markets left Philipp Brothers with what?
(a) A growing customer base.
(b) A metal shortage.
(c) A shrinking customer base.
(d) A lack of financial backing.

5. When did Rich became the manager of Philipp Brothers' Madrid office?
(a) 1962.
(b) 1971.
(c) 1967.
(d) 1980.

Short Answer Questions

1. In what year was the U.S. dollar no longer backed by gold?

2. What did Rich trade with the Cubans in Chapter 5?

3. Who was the only business associate with whom Marc Rich developed a close relationship that lasted over time?

4. The author writes in Chapter 6 that solid relationships with what were essential in the trading world?

5. What term does the author use in Chapter 5 to refer to young traders like Marc Rich who were trained in-house and considered the leaders of tomorrow?

(see the answer key)

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