Which of the Following Is NOT True of a Loan

question 7

Multiple Choice

Which of the following is NOT true of a loan that is sold without recourse?

• A)The loan is removed from the FI's balance sheet.
• B)The FI has no explicit liability if the loan eventually goes bad.
• C)The FI that originated the loan bears all the credit risk.
• D)The buyer can put the loan back to the selling FI.
• E)None of these.

---

Definitions:

Slicer Buttons

In data visualization and spreadsheet tools like Microsoft Excel, slicer buttons are interactive controls that allow users to filter the data shown in pivot tables, pivot charts, or other data visualizations quickly.

Exact Dimensions

Precise measurements or specifications of an object, often including height, width, and depth.

Move PivotChart

The action of relocating a PivotChart, which is a graphical representation of data in a pivot table, within a spreadsheet or to a different location.

New Workbook

In spreadsheet applications, a blank file containing one or more fresh sheets where users can input and analyze data.