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This test consists of 5 multiple choice questions, 5 short answer questions, and 10 short essay questions.

Multiple Choice Questions

1. The author writes in Chapter 7 that Rich was well aware that the executives where had no idea what went into making these huge oil deals?
(a) London.
(b) Paris.
(c) Oslo.
(d) New York.

2. Where did Rich line up oil contracts representing 200,000 to 300,000 barrels per day in Chapter 9?
(a) Lithuania.
(b) Iraq.
(c) Russia.
(d) Nigeria.

3. 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 month.
(c) By the end of the year.
(d) By the end of two years.

4. What was the greatest problem facing Philipp Brothers and their trading of oil?
(a) Storage and transportation.
(b) Finding buyers.
(c) Finding sellers.
(d) Governmental controls.

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

Short Answer Questions

1. How much money did Rich and Pinky demand as bonuses from Jesselson in Chapter 7?

2. How many barrels of oil per day did Iran produce in Chapter 9?

3. How much money did one of Marc Rich's employees embezzle in Chapter 12?

4. Who raided the offices of Philipp Brothers at gunpoint in Chapter 10?

5. How did Robbie Lichtenstern die?

Short Essay Questions

1. What did Rich register his company as in Chapter 8? Where did he operate?

2. How had the Arab oil embargo affected the oil trade in Chapter 15? What illegal activity arose during this time?

3. How were the young traders at Marc Rich's firm described?

4. What was the reaction of the New York offices following the gunpoint incident in Chapter 10? How was Rich connected to the affair?

5. When and why did Marc Rich purchase 20th Century Fox?

6. What happened to Robbie Lichtenstern in Chapter 14? How did he die?

7. What was Rich's plan for "The Mutiny" in Chapter 6? How did it play out?

8. What impact did OPEC have on the oil trade in Chapter 7? How did this affect Rich's dealings?

9. What did the Board do when they learned of Rich's dealings with Iran? What deal had Rich made?

10. What were Marc Rich's dealings with the Iranians described as in Chapter 9? Why did the Iranians deal with Rich?

(see the answer keys)

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