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    Financial Institutions Study Set 1
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    Exam 16: Off-Balance-Sheet Risk
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    As Compared to LCs, SLCs Typically Are Used to Cover
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As Compared to LCs, SLCs Typically Are Used to Cover

Question 23

Question 23

True/False

As compared to LCs, SLCs typically are used to cover contingencies that potentially are more severe and which may not be trade related.

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