Session 1 Module contains 2 Financial Articles titled: Article 1) In Defense of SPACs Article 2) A Pact to Tax the World Below are the Questions to the Session 1 Financial Articles Assignment: Please

Session 1 Module contains 2 Financial Articles titled:Article 1) In Defense of SPACsArticle 2) A Pact to Tax the WorldBelow are the Questions to the Session 1 Financial ArticlesAssignment:Please provide a 3 or 4 sentence (1 paragraph maximum) written response to each question. Provide your response via Canvas online system.Questions: In Defense of SPACs1) Do you think, some SPACs will end in blood baths and that many investors will lose billions of dollars ? How did we imagine, we would get rich with such little real work? Would you invest in SPACs? If yes. Why? If not. Why ?2) Overtime, like credit cards, mutual funds and junk bonds (considered highly risky investments and instruments decades ago), SPACs will have become commonplace and unexceptional, their sharp edges sanded by regulators and sober bankers. What is your view of the SPAC’s future prospects going forward?Questions: A Pact to Tax the World1) National Governments would have to pass legislation to enact any changes to their tax laws which means, it could take years before the agreement has a “real world impact”. If that be the case, do you think, this move is of any consequence? Explain.2) Do you think, US and global multinationals will be dissuaded from seeking “tax havens” in future? Explain.RubricPE Session 1 Assignment 2021PE Session 1 Assignment 2021CriteriaRatingsPtsThis criterion is linked to a Learning OutcomeSection 18 ptsTotal Points: 8

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