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    Bank Management Study Set 1
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    Exam 15: Evaluating Consumer Loans
  5. Question
    Who Is at Risk If an Indirect Loan Defaults on a Loan
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Who Is at Risk If an Indirect Loan Defaults on a Loan

Question 24

Question 24

Multiple Choice

Who is at risk if an indirect loan defaults on a loan with full recourse?


A) The bank
B) The borrower
C) The dealer
D) The credit bureau
E) All of the above

Correct Answer:

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