Back-End Fees on Loan Commitments Are Charged as a Certain

question 42

Multiple Choice

Back-end fees on loan commitments are charged as a certain percentage of

• A)commitment size.
• B)loan taken down.
• C)utilized portion of commitment size.
• D)unused portion of commitment size.
• E)interest payable on the loan commitment.

---

Definitions:

Conscious

The state of being aware of and responsive to one's surroundings.

Unconscious

A part of the mind that is inaccessible to the conscious mind but that nonetheless influences behaviors, thoughts, and feelings.

Black Suspects

A term that may refer to individuals who are suspected of a crime and are identified as being of African descent, which can reflect racial profiling concerns.

Misperceived

Incorrectly interpreted or understood, resulting from the inaccurate perception of information or situations.