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QUESTION 13 Which of the following is true of an adverse material change in conditions clause used in a loan commitment? A It allows the

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QUESTION 13 Which of the following is true of an "adverse material change in conditions clause" used in a loan commitment? A It allows the Fl to cancel or reprice a loan commitment. B. It protects the lender against basis risk. C. It is exercised frequently by most Fls. D. Exercise of the clause helps defaulted borrowers. E. It protects the lender against takedown risk

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