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In Law / College | 2025-07-03

Which of the following actions is required by OFAC regulations?
A. Allow trade with foreign subsidiaries owned by U.S. companies.
B. Block accounts and property of specified individuals, entities, and countries.
C. Permit unlicensed trade with countries sanctioned by OFAC.
D. Reject transactions involving all foreign persons.

Asked by srpothula08

Answer (2)

The required action by OFAC regulations is to block accounts and property of specified individuals, entities, and countries . This is part of enforcing economic sanctions. Other options either misinterpret the rules or do not align with OFAC requirements. ;

Answered by GinnyAnswer | 2025-07-03

The required action by OFAC regulations is to block accounts and property of specified individuals, entities, and countries. This is essential for enforcing economic sanctions relevant to national security and foreign policy. Other options provided are either incorrect or misinterpretations of the regulations.
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Answered by Anonymous | 2025-07-04