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

Multiple Choice Questions

1. Arab members of OPEC alarmed the world when they used the "oil weapon" during the Yom Kippur War by implementing oil embargoes and initiating an oil crisis in what year?
(a) 1968.
(b) 1973.
(c) 1959.
(d) 1979.

2. In what year did Rich find himself badly in need of a tax shelter in Chapter 11?
(a) 1975.
(b) 1989.
(c) 1981.
(d) 1973.

3. After the Iranian Revolution, doing business with Iran was a crime and considered treasonous where?
(a) Switzerland.
(b) The United States.
(c) Great Britain.
(d) France.

4. What did Marc Rich begin shipping from the Philippines in Chapter 10?
(a) Silver.
(b) Copper.
(c) Gold.
(d) Chromium.

5. When did the Ayatollah Khomeini take control of Iran?
(a) 1979.
(b) 1972.
(c) 1985.
(d) 1967.

6. How much money did one of Marc Rich's employees embezzle in Chapter 12?
(a) $3 million.
(b) $5 million.
(c) $1 million.
(d) $10 million.

7. With his new company, Rich made sure to make quick deals on what, which had always been considered Jesselson's specialty?
(a) Gold and silver.
(b) Mercury and copper.
(c) Copper and chrome.
(d) Plutonium and chromium.

8. The town where Rich and Pinky set up their headquarters allowed individuals to conduct business by doing what?
(a) Putting up a sign.
(b) Signing a petition.
(c) Registering at a council.
(d) Paying a bribe.

9. What term refers to a "source of emulation," also known as a Grand Ayatollah in Twelver Shi'a Islam?
(a) Shah.
(b) Mafa.
(c) Marja.
(d) Kafa.

10. When did the price of oil that Rich bought from the Iranians reach a profitable margin in Chapter 7?
(a) By the end of the week.
(b) By the end of the year.
(c) By the end of two years.
(d) By the end of the month.

11. How old was Robbie Lichtenstern when he died?
(a) 56.
(b) 40.
(c) 46.
(d) 38.

12. What company was Marc Rich convinced to purchase as a tax shelter in Chapter 11?
(a) Lions Gate Entertainment.
(b) CNN Corporation.
(c) 20th Century Fox.
(d) MGM.

13. Of what did the new office of Marc Rich remind most people in Chapter 12?
(a) A modernist painting.
(b) An Arabian palace.
(c) Starship Enterprise.
(d) A castle.

14. Who was never comfortable with oil trade because it was a segment of the market that was controlled by forces outside of Philipp Brothers?
(a) Rich.
(b) Fieldman.
(c) Green.
(d) Jesselson.

15. When was the Ayatollah Khomeini born?
(a) 1911.
(b) 1902.
(c) 1930.
(d) 1925.

Short Answer Questions

1. What was one of the main third-world nations that Marc Rich targeted for oil in Chapter 9?

2. With what did Marc Rich often pay for Iranian oil?

3. Following Rich and Pinky's plot in Chapter 7, the other traders were distracted and annoyed by the incident and dissatisfied with what?

4. What was the greatest problem facing Philipp Brothers and their trading of oil?

5. Who was the most interested in making the business purchase and anxious to get it underway in Chapter 11?

(see the answer keys)

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