Which of the Following Is Not Shareholder Owned and Publicly

question 73

Multiple Choice

Which of the following is not shareholder owned and publicly traded?

• A)Sallie Mae
• B)Freddie Mac
• C)Ginnie Mae
• D)Fannie Mae

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Definitions:

Condition Precedent

A condition in a contract that must be met before a party's promise becomes absolute.

Avoidable

Capable of being prevented or circumvented through careful action or strategic planning.

Collateral Agreement

An agreement that has its own consideration, but supports another agreement.

Breach of the Contract

An occurrence when one or more parties involved in a contract fail to fulfill their legal obligations as stipulated within the contract.