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NEW QUESTION: 1
First National Bank made a loan to a nonbank affiliate of its holding company that is secured by stocks, bonds, and debentures. At the outset of the loan,First National had collateral with a market value equal to 150 percent of the loan amount. Over time, some of the collateral has been retired and amortized. Some has dropped in value. What is the responsibility of the bank regarding the collateral?
A. The bank must annually check the value of the collateral to ensure that the percentage of value is maintained.
B. The bank must check values every month to ensure that the percentages are correct at all times.
C. The bank has no responsibility once the loan is made provided the percentages were correct at the loan's inception.
D. The bank must check values when the collateral is retired or amortized to make sure the collateral is replaced with securities that will bring the loan into compliance with the percentages required in the law.
Answer: D

NEW QUESTION: 2
When using a Protection Manager policy to manage Open systems SnapValut backups on a UNIX
server, which three valid objects to include in the data set? (Choose three)
A. A file
B. The entire client
C. A qtree
D. A directory
Answer: A,B,D

NEW QUESTION: 3

A. Option C
B. Option D
C. Option B
D. Option A
Answer: C

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