The Unique Features of Participations in Loans Are

The unique features of participations in loans are:

A) the buyer is not a party to the underlying credit agreement so that the initial contract between loan seller and borrower remains in place after the sale.
B) The loan buyer can exercise only partial control over changes in the loan contract's terms.
C) The holder can vote only on material changes to the loan contract, such as the interest rate or collateral backing.
D) all of the above are features.
E) none of the above are features.