The objective of underwriting is to
A) assign the highest premium possible
B) avoid selecting a disproportionate number of good risks
C) decline as many applications as possible
D) avoid selecting a disproportionate number of bad risks
Ans: D) avoid selecting a disproportionate number of bad risks
Business
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Escrow instructions can be executed by:
a. buyers. b. sellers. c. third parties. d. Any of the above.
Business
Under terms of a field warehouse financing agreement, the collateral inventories are physically
separated from the borrower's other inventories but remain under the borrower's control. Indicate whether the statement is true or false
Business