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This test consists of 5 short answer questions, 10 short essay questions, and 1 (of 3) essay topics.

Short Answer 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?

2. Who were the first countries to move towards the establishment of OPEC in the 1960s by approaching Iraq?

3. In Chapter 11, Marc Rich offered Third World countries support in developing what fledgling industries?

4. Where were the executives located who were furious about the ordeal which took place with the gunman at the offices of Philipp Brothers?

5. How many top traders left with Rich and Pinky who had begun their own business in Chapter 7?

Short Essay Questions

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

2. What happened with many traders once the Ayatollah Khomeini took over government control in Iran? How did Marc Rich react?

3. Where did Rich turn for more oil in the 1970s? How great did his oil empire become?

4. What was the principle hiring standard that Marc Rich had at his firm?

5. What offices were invaded at gunpoint in Chapter 10? Why?

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

7. What was the principle obstacle Rich faced in his dealings with Iran after the Ayatollah Khomeini took over control? What did Rich do?

8. What deal did Marc Rich make through Ali Rezai in Chapter 8? What price did Rich pay for the deal?

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

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

Essay Topics

Write an essay for ONE of the following topics:

Essay Topic 1

Describe Marc Rich's early days at Philipp Brothers. From what offices did he work? Who supervised and trained Rich?

Essay Topic 2

Describe the merger between Mineral & Chemicals Philipp Brothers and Engelhard Industries. When did this merger take place? What did each company hope to gain from the merger?

Essay Topic 3

Describe the effects of the merger between Philipp Brothers and the publicly owned Minerals & Chemicals Corporation. What was the effect of evolving into a publicly owned company?

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