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Free CRCM Exam Braindumps (page: 44)

Page 44 of 344
PDF with 463 Questions

__________ is any company of which the bank is a subsidiary or any other subsidiary of the same company of which the bank is a subsidiary.

  1. Brokerage House
  2. Treasury
  3. FDIC
  4. Affiliates

Answer(s): D



It is an extension of credit will be deemed to be made to an insider if the proceeds are transferred to the insider or used for the insider's benefit. This rule does not apply if the credit is made on substantially the same terms and conditions as those made to a non- insider and if the proceeds are used in a bona fide transaction involving the acquisition of property, goods, or services from the insider. What is it?

  1. Tangible economic benefit rule012 CFR 215.3(f)
  2. Extension of credit-12 CFR 215.3
  3. Lending restrictions
  4. Intangible economic-benefit rule

Answer(s): A



It is an extension of credit will be deemed to be made to an insider if the proceeds are transferred to the insider or used for the insider's benefit. This rule does not apply if the credit is made on substantially the same terms and conditions as those made to a non- insider and if the proceeds are used in a bona fide transaction involving the acquisition of property, goods, or services from the insider. What is it?

  1. Tangible economic benefit rule012 CFR 215.3(f)
  2. Extension of credit-12 CFR 215.3
  3. Lending restrictions
  4. Intangible economic-benefit rule

Answer(s): A



It is an extension of credit will be deemed to be made to an insider if the proceeds are transferred to the insider or used for the insider's benefit. This rule does not apply if the credit is made on substantially the same terms and conditions as those made to a non- insider and if the proceeds are used in a bona fide transaction involving the acquisition of property, goods, or services from the insider. What is it?

  1. Tangible economic benefit rule012 CFR 215.3(f)
  2. Extension of credit-12 CFR 215.3
  3. Lending restrictions
  4. Intangible economic-benefit rule

Answer(s): A



Page 44 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
upvote

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
upvote

Lori commented on July 20, 2017
I had a good result. Worth the money.
UNITED STATES
upvote

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