Certificate in Credit
Test 14

After the documentation has been completed by either the financial institution or the entrusted solicitor, the officer below must verify the accuracy and perfection of the documents.

in order to maintain and protect the bank's security and interest, impartially and objectively must always be observed. Thus the officer processing the loan should NOT be

The facility agreement outlines

The following conditions are designed to provide the lending bank some control over the use of loan fund

Covenant can be described and categorised as

I. Financial Covenants
II. Events of Default Covenants
III. Specific Covenants
IV. Non-Financial Covenants

Which of the following are example Events of Default for business lending

I. Less of job or cessation of employment
II. Breach of loan margin or shares and unit trust
III. Death of a personal guarantor 
IV. Bankruptcy

Which of the following statements is true

Which of the following is the best attribute of good security

Which attribute of good security cannot be applied in Malay Reservation Land Title

Which of the following types of security is the most stable in values

Two basic steps for taking a security

Which of the following are not categorised as a form of security

I. Lien
II. Power of attorney 
III. Assignment 
IV. Loan Agreement

The following are types of security EXCEPT

How are securities categorised according to their behavior over time

I. Stable values
II. Fluctuation Values
III. Appreciating Values
IV. Depreciating Values

Which type of security need to be registered with Companies Commission of Malaysia

Principal document is document when _______ stamp duty is payable

There are two forms of securities that can be created over shares of companies, namely

The crystallisation of the assets under floating change can occur under the following circumstances EXCEPT for

Which of the following is NOT TRUE with regard to insurance policy in relation to credit

What is Negative Pledge