One Tip on Paraphrasing Is to

question 8

Multiple Choice

One tip on paraphrasing is to

• A) paraphrase early.
• B) avoid using encouragers.
• C) repeat the client's words.
• D) avoid using a moral tone.

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Definitions:

Collateralized Debt Obligations

A type of structured asset-backed security (ABS) with multiple layers of debt obligations typically secured by a pool of loans or other assets.

Promissory Note

A financial instrument comprising a written promise by one party to pay another party a definite sum of money either on demand or at a specified future date.

Financial Asset

An intangible asset representing a claim on future benefits or returns, examples include stocks, bonds, and bank deposits.

Real Asset

Physical or tangible assets that have value due to their substance and properties.