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

Multiple Choice Questions

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

2. What did Jesselson order Rich to do after he'd made the oil deal with Iran in Chapter 7?
(a) Find a buyer.
(b) Quit his job.
(c) Talk to the Board.
(d) Find a seller.

3. The oil-producing nations were ____ to unload their gluts of oil on Rich, according to the author in Chapter 7.
(a) Hesitant.
(b) Refusing.
(c) Reluctant.
(d) Glad.

4. The author writes in Chapter 14 that Robbie Lichtenstern became a great metal trader because he loved what?
(a) Challenges.
(b) Danger.
(c) Gambling.
(d) Debate.

5. What did Marc Rich not allow employees to have in their offices in Chapter 12?
(a) Food.
(b) Beverages.
(c) Personal items.
(d) Chewing gum.

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

7. Where did Rich and Pinky move their offices after six months in Chapter 8?
(a) New York.
(b) London.
(c) Oslo.
(d) Paris.

8. What was one of the main third-world nations that Marc Rich targeted for oil in Chapter 9?
(a) Albania.
(b) Angola.
(c) Lithuania.
(d) South Africa.

9. In Chapter 11, Marc Rich offered Third World countries support in developing what fledgling industries?
(a) Film.
(b) Copper.
(c) Oil.
(d) Mining.

10. Who was very concerned with the risks that Rich was taking with oil trading in Chapter 7?
(a) The Board of Directors.
(b) Jesselson.
(c) Pinky.
(d) Fielder.

11. In Chapter 8, where were Rich and Pinky's New York offices located?
(a) Fifth Avenue.
(b) Park Avenue.
(c) Madison Avenue.
(d) Wall Street.

12. To whom did Rich turn for operating cash with his new business in Chapter 8?
(a) Ali Rezai.
(b) William May.
(c) Marvin Davis.
(d) Robbie Lichtenstern.

13. When did Robbie Lichtenstern die?
(a) 1984.
(b) 1982.
(c) 1975.
(d) 1980.

14. In Chapter 7, Rich made a deal with Iran in which Rich agreed to pay how much over the current barrel price?
(a) $8.
(b) $5.
(c) $2.
(d) $10.

15. By what time had Robbie Lichtenstern begun to feel he had sold his soul to Rich and wanted out?
(a) Early 1980s.
(b) Late 1970s.
(c) Early 1990s.
(d) Early 1970s.

Short Answer Questions

1. Where did Rich and Pinky set up the headquarters for their company in Chapter 8?

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

3. Where did Rich create a holding company before buying 50 percent of the voting stock of the corporation he purchased in Chapter 11?

4. What did Rich decide Philipp Brothers needed which would serve as a tax advantage and also allow the company to save money in Chapter 7?

5. Of what did the new office of Marc Rich remind most people in Chapter 12?

(see the answer keys)

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