Which of the Following Is NOT a Key Characteristic of Loans

question 20

Multiple Choice

Which of the following is NOT a key characteristic of loans sold in the short-term loan sale market?

• A)Issued as a secured loan.
• B)Loans to investment grade borrowers or better.
• C)Issued with a fixed rate.
• D)Sold in units of $1 million and up.
• E)Issued for 90 days or less.

---

Definitions:

Vision

A strategic declaration of what an organization aspires to achieve in the future, guiding its direction and decision-making.

Free-Rein Leadership

Management style of leaders who believe in minimal supervision and leave most decisions to their subordinates.

Senior Managers

Top-level executives responsible for managing an organization's major functions and making critical decisions.

Leadership Styles

Various approaches to leading, directing, and managing groups and organizations, ranging from autocratic to democratic to transformational styles.