The Life Span of an SPV (Special Purpose Vehicle)is Limited

question 87

Multiple Choice

The life span of an SPV (Special Purpose Vehicle) is limited to

• A)the life of the sponsoring FI.
• B)the duration of its liabilities.
• C)the life of the asset-backed security that it created from the loans in its portfolio.
• D)the life is unlimited as it can exist beyond its initial purpose.

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Definitions:

Toxic Emissions

Harmful pollutants released into the environment, particularly through processes like manufacturing, automobile exhaust, and energy production.

Manufacturing Facilities

Physical locations equipped with machinery and tools where goods are produced on a large scale.

Grocery Store

A retail establishment primarily engaged in offering a wide variety of food products, along with household goods.

Waiting in Line

The act of standing or queuing in a sequence for service, goods, or entry, often involving a wait time.