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This Is a Loan Term or an Arrangement That Modifies

Question 366

Multiple Choice

This is a loan term or an arrangement that modifies a loan term under which a bank agrees to cancel all or part of a customer's loan obligation on the occurrence of a specified event. It may be included as a part of the loan documents, or it may be a separate agreement. What is it?


A) Debt suspension agreement (DSA)
B) Anti-dying
C) Debt cancellation contract (DCC)
D) ALLL

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