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AIWMI Exam CCRA-L2 Topic 5 Question 101 Discussion

Actual exam question for AIWMI's CCRA-L2 exam
Question #: 101
Topic #: 5
[All CCRA-L2 Questions]

Which of the following are types of bank guarantee?

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Suggested Answer: B

Contribute your Thoughts:

Ryann
1 months ago
I'm going to have to roll the dice on this one. Maybe I'll get lucky and pick the right answer, just like a bank guarantee lottery!
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Gail
17 days ago
A) Deferred and Term
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Olen
1 months ago
Wait, is there a 'None of the above' option? Because I'm starting to doubt all of these choices. Bank guarantees can be so confusing!
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Deonna
1 months ago
Personally, I'd go with A) Deferred and Term. Those sound like the types of bank guarantees I've heard about in my line of work.
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Carlton
11 hours ago
C) Usance and Sight are less common types of bank guarantees, but still have their uses in certain situations.
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Dorinda
1 days ago
I think B) Financial and Performance are also important types of bank guarantees to consider.
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Rolland
24 days ago
I agree, A) Deferred and Term are common types of bank guarantees used in business transactions.
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Terrilyn
1 months ago
Hmm, I'm not so sure about that. I think C) Usance and Sight might be the correct answer. Isn't that related to the payment terms of the guarantee?
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Vincenza
25 days ago
C) Usance and Sight guarantees are related to the payment terms, you are correct.
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Merissa
27 days ago
B) Financial and Performance guarantees are related to the purpose of the guarantee.
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Natalie
28 days ago
A) Deferred and Term guarantees are related to the timing of payment.
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Hyman
2 months ago
Actually, both Financial and Performance, as well as Deferred and Term, are types of bank guarantee.
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Trina
2 months ago
I believe it's Deferred and Term.
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Stephanie
2 months ago
I'm pretty sure the answer is B) Financial and Performance. Those are the two main types of bank guarantees, right?
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Malika
26 days ago
That's correct. Financial and Performance are the two main types of bank guarantees.
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Alyssa
1 months ago
I think you're right. Those are the main types of bank guarantees that are commonly used.
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Terry
2 months ago
Yes, you are correct. Financial and Performance are indeed types of bank guarantees.
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Hyman
2 months ago
I think the types of bank guarantee are Financial and Performance.
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