Which of the Following Statements Regarding Assignments Are True

question 41

Multiple Choice

Which of the following statements regarding assignments are true?

• A)Buying a share in a loan syndication with some contractual control and rights over the borrower.
• B)All rights are transferred on sale, meaning the loan buyer now holds a direct claim on the borrower.
• C)Transfer to U.S.domestic loans is normally associated with a Uniform Commercial Code filing.
• D)all of the above statements are true.
• E)none of the above statements are true.

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Definitions:

Obsession

An uncontrollable and persistent thought, image, or impulse that dominates the mind.

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Microorganisms, especially those that are harmful, causing diseases or infections.

Anterior Cingulate Cortex

The anterior cingulate cortex is part of the brain's frontal lobe associated with functions such as impulse control, decision-making, and emotion.

Limbic System

A complex set of brain structures that supports a variety of functions including emotion, behavior, and long-term memory.