Which of the Following Is a Type of External Credit

question 21

Multiple Choice

Which of the following is a type of external credit enhancement?

• A) Covenants
• B) a surety bond
• C) overcollaterization

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Definitions:

Jurisdiction

Jurisdiction refers to the official power to make legal decisions and judgments, often pertaining to a specific geographic area or type of legal case.

Doing Business

Refers to the broad range of activities a company engages in as it goes about its day-to-day operations.

Online Dispute Resolution

The use of technology and the internet to facilitate the resolution of disputes between parties, often without requiring physical presence in a courtroom.

International Scope

Pertaining or relating to activities, considerations, or effects that cross national boundaries or encompass multiple countries.