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American Bankers Association CRCM Exam - Topic 2 Question 60 Discussion

Posted by Moon on Oct 28, 2022 at 05:38 AM

Which of the following is (are) NOT covered by the regulation?

Suggested Answer: D

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11 comments · newest first
WI
William 11 months ago
D makes sense, but I didn’t expect that!
VI
Vince 11 months ago
C sounds fishy to me, not sure it’s excluded.
VA
Val 12 months ago
Wait, are we sure about B?
KE
Kendra 12 months ago
I agree, A seems clear.
DO
Donte 12 months ago
A is definitely not covered.
CU
Curtis 1 year ago
D seems tricky too, but I think selling to nonconsumers might not fall under the same regulations.
FA
Fatima 1 year ago
I remember a practice question about commissions, so I feel like C could be the answer since it mentions a contract with the bank.
TO
Tonette 1 year ago
I'm not sure about B; it sounds like it could be covered since the lender is selling on behalf of the bank.
SE
Selma 1 year ago
I think option A might be the right answer since it mentions all banks, which seems too broad for the regulation.
GO
Golda 1 year ago
This looks like a pretty straightforward question about creating new tables in SQL. I'll need to carefully read through the options and select the two that are correct.
ET
Ethan 1 year ago
Hmm, this seems like a tricky tax question. I'll need to think carefully about the different types of payments and when they can be deducted.
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