A ________ loan, also known as ________ is a parent-to-affiliate loan channeled through a financial intermediary such as a large commercial bank

A) fronting; link financing
B) parallel; a back-to-back loan
C) fronting; a back-to-back loan
D) link financing; parallel loan

Answer: A

Business

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An investor wanting to know about the tax consequences of a direct participation program (DPP) should know which asset types can be depleted or depreciated. All of the following asset types can be depleted or depreciated EXCEPT:

A) buildings. B) crops. C) oil. D) gas.

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Booking refers to ________

A) seizure and holding under the authority of the law B) the filing of criminal charges against the defendant C) appearance of the defendant before a magistrate D) a formal written accusation in a misdemeanor case

Business