Question: Choose the correct statement : A APRA did not stop HIH from buying FAI Insurance even though FAI Insurance was a risky company on APRA's

Choose the correct statement :

A

APRA did not stop HIH from buying FAI Insurance even though FAI Insurance was a risky company on APRA's watch list.

B APRA did not cause the collapse of HIH as it was quick to act on information it had but HIH was not forthcoming on its disclosure.
C All of the above.
D In the year prior to its collapse, HIH was still in sound financials and did not have to sell out its share in the joint venture with Allianz.

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