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Free CRCM Exam Braindumps (page: 200)

Page 200 of 344
PDF with 463 Questions

Martha Smith of First National Bank is attempting to close a large commercial loan to a manufacturing equipment company. In negotiating the interest rate on the loan Martha states that if the company will move some of its demand accounts to the bank, it could get a lower interest rate. Is this wrong?

  1. Yes. It violates the anti-tying provisions.
  2. Yes. It is a restraint of trade.
  3. No, unless moving the accounts is a condition of the loan..
  4. No. The bank may condition the loan on the customer placing a deposit in the bank.

Answer(s): D



Martha Smith of First National Bank is attempting to close a large commercial loan to a manufacturing equipment company. In negotiating the interest rate on the loan Martha states that if the company will move some of its demand accounts to the bank, it could get a lower interest rate. Is this wrong?

  1. Yes. It violates the anti-tying provisions.
  2. Yes. It is a restraint of trade.
  3. No, unless moving the accounts is a condition of the loan..
  4. No. The bank may condition the loan on the customer placing a deposit in the bank.

Answer(s): D



Martha Smith of First National Bank is attempting to close a large commercial loan to a manufacturing equipment company. In negotiating the interest rate on the loan Martha states that if the company will move some of its demand accounts to the bank, it could get a lower interest rate. Is this wrong?

  1. Yes. It violates the anti-tying provisions.
  2. Yes. It is a restraint of trade.
  3. No, unless moving the accounts is a condition of the loan..
  4. No. The bank may condition the loan on the customer placing a deposit in the bank.

Answer(s): D



First National Bank owns a data processing company that sells financially related data processing services to various businesses in the community. Daniel Tyler, a loan officer, is negotiating a loan to a local CPA firm. He would like to make the loan conditional on the CPA firm's use of the subsidiary data processing firm.May he do so?

  1. Yes, because it is not a bank service.
  2. Yes, because it is not related to pricing.
  3. No. It is an illegal tie-in.
  4. No, unless the company was planning to obtain a new data processing service provider anyway.

Answer(s): C



Page 200 of 344



Post your Comments and Discuss Banking CRCM exam with other Community members:

LeAnne Hair commented on August 24, 2023
#229 in incorrect - all the customers require an annual review
UNITED STATES
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LeAnne Hair commented on August 24, 2023
#229 in incorrect - all the customers require an annual review
UNITED STATES
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LeAnne Hair commented on August 24, 2023
I think question 204 has an incorrect solution. It should be D-Regulation E
UNITED STATES
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Igor commented on April 10, 2020
Guys, leave no stones unturned. Try to study every questions and anything other supplementary material you have. The exam is not easy. I just wrote mine and if it wss not for these questions I would have not have passed it.
BULGARIA
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Lori commented on July 20, 2017
I had a good result. Worth the money.
UNITED STATES
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Chipps commented on July 20, 2017
Studying from this dump helped me understand the concept and what comes in the exam. But I only get about 80 to 85% of the questions not 100% as it is claimed. Well... still good enough to pass.
UNITED STATES
upvote