If an individual submits false information for the purposes of obtaining a federally covered loan, he/she could face:

a. A fine of up to $1,000,000 and imprisonment
b. License suspension
c. A misdemeanor conviction
d. A reprimand and loss of commission

Ans: a. A fine of up to $1,000,000 and imprisonment

Business

You might also like to view...

Which of the following reports is designed to quickly inform others about the work you have done and to provide documentation for future use?

A) Feasibility report B) Progress report C) Evaluation report D) Recommendation report E) Formal report

Business

Which of the following terms refers to a performance appraisal based on surveys from peers, supervisors, subordinates, and customers?

A) 360-degree feedback B) team appraisals C) upward feedback D) rating committee

Business