Free CRCM Exam Braindumps (page: 85)

Page 85 of 344

With regard to standards for wear and use of leased property, which of the following statements is true?

  1. A lessor must adhere to the manufacturer's standards for wear and use of the leased property.
  2. A lessor must develop and disclose its own standards for wear and use of leased property.
  3. A lessor must provide a notice of wear and use standards on motor vehicle leases.
  4. A lessor need not provide a notice of wear and use standards on motor vehicle leases if the lessor imposes an automatic, standardized charge.

Answer(s): C



With regard to standards for wear and use of leased property, which of the following statements is true?

  1. A lessor must adhere to the manufacturer's standards for wear and use of the leased property.
  2. A lessor must develop and disclose its own standards for wear and use of leased property.
  3. A lessor must provide a notice of wear and use standards on motor vehicle leases.
  4. A lessor need not provide a notice of wear and use standards on motor vehicle leases if the lessor imposes an automatic, standardized charge.

Answer(s): C



How is the maximum loan value of margin stock defined?

  1. As a percentage of the amount to be loaned
  2. As a percentage of the book value of the stock
  3. As a percentage of the current market value of the stock
  4. As a percentage of the good-faith loan value of the stock

Answer(s): C



How is the maximum loan value of margin stock defined?

  1. As a percentage of the amount to be loaned
  2. As a percentage of the book value of the stock
  3. As a percentage of the current market value of the stock
  4. As a percentage of the good-faith loan value of the stock

Answer(s): C



Page 85 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
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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.
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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
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