Back-End Fees on Loan Commitments Are Charged as a Certain

question 29

Multiple Choice

Back-end fees on loan commitments are charged as a certain percentage of

• A)commitment size.
• B)loan taken down.
• C)utilized portion of commitment size.
• D)unused portion of commitment size.

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Definitions:

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The obligation to carry out tasks, duties, or roles effectively and to be accountable for the outcomes.

Pride

A feeling of deep satisfaction derived from one's own achievements, qualities, or possessions.

Conversational Tone

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Warm Words

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