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Banking and Finance 3
Modes of Creating Charge
Q. When a financial institution sells a mortgage with recourse, the financial institution retains a credit riskliability in the event the buyer returns the mortgage. (Solved)
1. True
2. False
3. none
4. none
a. True
Related Topics
→ Collecting Banker
→ Negotiable Instrument Act 1881
→ Paying Banker
→ Project Appraisal and Recovery Measures
→ Relationship between Banker and Customer
→ Securities for Advances
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