A broker may be entitled to a commission in the event that the sale does not close if the problem was caused by the

a. Seller.
b. Buyer.
c. Bank.
d. Title Company.

Answer: a. Seller.

Business

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Matching the book" or trying to match the maturities of assets and liabilities is intended to protect the FI from

A. liquidity risk. B. interest rate risk. C. credit risk. D. foreign exchange risk. E. off-balance-sheet risk.

Business

Which statement about transfer batch sizes is BEST?

A) Transfer batches are the same size as process batches when arriving at a bottleneck. B) Transfer batches are the same size as process batches when departing from a bottleneck. C) Transfer batches are a convenient way to increase lead time. D) Transfer batches can be as small as one unit.

Business