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Question 10 When a loan is sold by an Fl to a third party with recourse, it means? The buyer of the loan must bear

Question 10 When a loan is sold by an Fl to a third party with recourse, it means? The buyer of the loan must bear full risk of loss The seller must take back the loan if the credit quality deteriorates The buyer will gain from the loan sale The seller will gain from the loan sale

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