Multiple Choice
When a loan officer grants a loan to a borrower on behalf of the bank, what is he or she acting as?
A) an agent
B) a trustee
C) a mediator
D) a securities analyst
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q11: The same wrongful behaviour can result in
Q12: Principals are obligated to compensate agents in
Q13: What is "mutual assent"?<br>A) an offer freely
Q14: Describe the characteristics of a contract and
Q15: Scope of authority for an agent is
Q17: The period of protection for a creator's
Q18: When contracts don't spell out the conditions
Q19: Civil law deals with disputes between private
Q20: Tim Tullio acts as a principal for
Q21: The law recognizes that an agent's primary