Amanda Needs to Notify Yasmin That the Proposal She Wrote

question 66

Multiple Choice

Amanda needs to notify Yasmin that the proposal she wrote did not get funded.Which communication channel is most appropriate?

• A) email
• B) written message
• C) social networking
• D) texting
• E) spoken communication

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Definitions:

Cure

The action of resolving a breach or default situation, either by fixing the underlying issue or by making restitution to affected parties.

Scheduled Interest Payment

This refers to the periodic interest payments that a borrower is obligated to make to a lender under the terms of a debt instrument.

Payment Default

Failure to meet the obligations of a credit agreement, such as not making the required payments on a loan or bond by the due date.

Technical Default

A situation where a borrower violates a term or condition of a loan agreement without causing financial harm to the lender.