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Select if the statement is True or False. The following are some purposes for setting an agenda in a loan negotiation: Ensure smooth flow of

Select if the statement is True or False. The following are some purposes for setting an agenda in a loan negotiation: Ensure smooth flow of topics All issues get addressed . Concessions and issues are addressed in view of the entire agreement [Choose] An example would be a customer who needs financing very quickly in order to take advantage of a trade discount and would not likely shop around for the best loan package. Another example is a customer with a strong financial position that may think it has many borrowing alternatives and would likely shop around for the best loan package. [Choose] A centralized loan approval terms of customer response approach can be more efficient in times. Less ownership of the process by front-line lenders can be another strength. [Choose] The following are possible [Choose ] 4 4 position that may think it has many borrowing alternatives and would likely shop around for the best loan package. A centralized loan approval approach can be more efficient in terms of customer response times. Less ownership of the process by front-line lenders can be another strength. [Choose] The following are possible reasons why a borrower may prepay a loan: When interest rates decline Borrower becomes dissatisfied with the bank and seeks a competing loan Borrower becomes very liquid For a customer that uses other products that generate income for the bank, there may be room for flexibility in the loan structure. [Choose] [Choose ]

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