A loan that is specifically designed to meet the needs of one or a few companies but has been packaged for resale is known as a:
A)structured note.
B)staggered note.
C)struggling note.
D)marked-for-sale note.
E)specific note.

Name: A loan that is specifically designed to meet the needs of one or a few companies but has been packaged for resale is known as a: A)structured note. B)staggered note. C)struggling note. D)marked-for-sale note. E)specific note.
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Question

Quizplus · Accepted Answer

The Answer is A

A Loan That Is Specifically Designed to Meet the Needs