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Question 13 ( 1 Point Both credit substitutes and performance guarantees are seen as similar types of commitments. The major difference between them is: (A)

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Question 13 ( 1 Point Both credit substitutes and performance guarantees are seen as similar types of commitments. The major difference between them is: (A) credit substitutes are on balance sheet and performance guarantees are off balance sheet. (B) performance guarantees are on balance sheet and credit substitutes are off balance sheet. performance guarantees are non-credit related while credit substitutes are credit related. D) credit substitutes are non-credit related while performance guarantees are credit related

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