Solved

If a Financial Institution Agrees to Guarantee a Swap Agreement

Question 148

Multiple Choice

If a financial institution agrees to guarantee a swap agreement negotiated between two of its customers,usually:


A) it will mark the transaction as a deferred asset.
B) it will mark the transaction as a deferred liability.
C) it will mark the transaction as a contingent asset.
D) it will mark the transaction as a contingent liability.
E) it does not record the transaction in its books.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents