Metal Men: Marc Rich and the 10-billion-dollar Scam Test | Mid-Book Test - Easy

A. Craig Copetas
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This test consists of 15 multiple choice questions and 5 short answer questions.

Multiple Choice Questions

1. What is the name of the Iranian broker with whom Rich fostered a long-term relationship?
(a) Alireza Rezae.
(b) Marvin Davis.
(c) Ali Rezai.
(d) Mohammad Mehdi Rezai.

2. How much money did Marc Rich earn per week when he started working at Philipp Brothers?
(a) $500.
(b) $60.
(c) $100.
(d) $200.

3. What was Marc Rich's father's occupation?
(a) High-level trader.
(b) Low-level trader.
(c) Postal clerk.
(d) College professor.

4. What publicly owned company did Philipp Brothers merge with in Chapter 5?
(a) Intertech Resources.
(b) Minerals & Chemicals Corporation.
(c) Metals and Chemicals Corporation.
(d) Entergy Corporation.

5. The author's description of Marc Rich in Chapter 6 states that the trader was demanding and unfair with underlings and displayed little personality and had no sense of what?
(a) Humor.
(b) Dignity.
(c) Empathy.
(d) Civility.

6. The author writes in Chapter 5 that Jesselson's tenure at Philipp Brothers was during an era when relationships were forged by trust, not by what?
(a) Money.
(b) Backstabbing.
(c) Greed.
(d) Corporate lawyers.

7. In what year did Marc Rich marry, according to Chapter 5?
(a) 1970.
(b) 1962.
(c) 1966.
(d) 1977.

8. What distant cousin of the Philipp Brothers was dispatched to help run the U.S. offices?
(a) Pincus Green.
(b) Ludwig Jesselson.
(c) Marc Rich.
(d) Edmond Mantell.

9. Marc Rich created an oil market that allowed customers to buy oil without having to do what?
(a) Transport the oil.
(b) Own oil tankers.
(c) Deal directly with the oil companies.
(d) Use bank loans.

10. Who was the only business associate with whom Marc Rich developed a close relationship that lasted over time?
(a) Pincus Green.
(b) Marvin Davis.
(c) Alireza Rezae.
(d) Robbie Lichtenstern.

11. Where did Marc Rich buy a luxury restaurant?
(a) Paris.
(b) New York.
(c) Vienna.
(d) Switzerland.

12. Traders of what trading company were busted by the FBI in 1981?
(a) Mineral Resources, Inc.
(b) Intertech Resources, Inc.
(c) Chemical Resources, Inc.
(d) Entergy Incorporated.

13. Within seven short years in trading, how much money had Marc Rich established in his personal empire?
(a) $15 billion.
(b) $10 billion.
(c) $40 billion.
(d) $5 billion.

14. Where was the Vice President of the United States in Chapter 2?
(a) France.
(b) Russia.
(c) Great Britain.
(d) Israel.

15. With what were the traders who were busted by the FBI in 1981 charged?
(a) Money laundering and grand larceny.
(b) Fraud and grand larceny.
(c) Money laundering and embezzlement.
(d) Fraud and embezzlement.

Short Answer Questions

1. The trading community admired Rich because he was able to get around many what that stood in the way of many countries and their corporations?

2. In what year does the author write in Chapter 6 that oil prices began to dictate market value?

3. Where had there been no official release of the news of the rumor in Chapter 2?

4. Where did Marc Rich's family settle in the United States?

5. In what year did Marc Rich begin his career as a metal man?

(see the answer keys)

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