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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. How much money did Rich and Pinky demand as bonuses from Jesselson in Chapter 7?
(a) $500,000.
(b) $400,000.
(c) $2 million.
(d) $1 million.

2. 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.

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

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

5. Where did Rich create a holding company before buying 50 percent of the voting stock of the corporation he purchased in Chapter 11?
(a) Iceland.
(b) Switzerland.
(c) Netherlands.
(d) Greenland.

Short Answer Questions

1. What term refers to a "source of emulation," also known as a Grand Ayatollah in Twelver Shi'a Islam?

2. In Chapter 9 the author writes that Rich's oil sales constituted what percent of the oil consumed by America?

3. What did Marc Rich begin shipping from the Philippines in Chapter 10?

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

5. Where has OPEC maintained its headquarters since 1965?

Short Essay Questions

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

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

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

4. Where did Marc Rich establish his own business in Chapter 8? Why did he choose this locale?

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

6. How did Rich feel about the reaction of the Board to his dealings with Iran in Chapter 6?

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

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

9. What was the main problem for Philipp Brothers with the oil trade? Who was concerned about Rich's risks?

10. What did Rich decide to invest in for Philipp Brothers in Chapter 6? What was the Board's reaction?

(see the answer keys)

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