Which of the Following Is Not a Least-Cost Resolution (LCR)requirement

question 9

Multiple Choice

Which of the following is not a Least-Cost Resolution (LCR) requirement under FDICIA?

• A)Consider and evaluate all possible resolution alternatives by computing and comparing their costs on a present value basis,using realistic discount rates.
• B)Place a bank or thrift into receivership as soon as its capital falls below some positive book value level.
• C)Document the evaluation and the assumption on which it is based.
• D)Retain documentation for at least five years.

Understand the basic requirements for the negotiation of checks and other negotiable instruments.

Recognize the significance and implications of the type of indorsement on the negotiability of instruments.

Distinguish between bearer and order instruments and their respective requirements for negotiation.

Understand the conditions under which a holder can become a holder in due course (HDC) and the protections afforded to HDCs.

---

Definitions:

Emotional Deception

The deliberate attempt to conceal, fabricate, or manipulate one's own feelings or emotions to achieve a desired outcome.

Facial-Feedback Hypothesis

The idea that sensory feedback from our facial expressions can affect our mood and emotions, suggesting that smiling can make us feel happier.

Positive Feelings

encompass emotions and sentiments that are uplifting, joyous, or gratifying, contributing to an overall sense of well-being.

Facial Expressions

Visual cues expressed by the muscles in the face conveying emotions, social information, or reactions to stimuli.