What Is the Range for FICO Scores

question 38

Multiple Choice

What is the range for FICO scores?

• A) 200−600.
• B) 250−650.
• C) 300−750.
• D) 300−850.

---

Definitions:

Suitability Letter

A document provided by a financial advisor, confirming that an investment is appropriate for a client's situation.

Firm Commitment

In finance, an underwriter's promise to purchase all the unsold shares of an issue, thereby guaranteeing the amount of capital that the issuer will raise.

Standby Underwriting

A commitment by an underwriter to purchase any unsold shares during an offering, ensuring that the issuing company raises the full amount of capital.

Best Efforts

A contractual clause requiring one party to exert all reasonable attempts to fulfill the terms of the agreement.