Characteristics of loan participations include the following: I. The loan participant is not a primary creditor on the loan. II. The original lender can change some loan terms without the participant's permission. III. Participations are without recourse.
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Ответ:
I. and II.
Explanation:
Participation loans are loans that are made out to a single borrower by various lenders. The lenders all chip in to sum up the amount that the borrower needs. Characteristics of loan participations include the following, the loan participant is not a primary creditor on the loan AND the original lender can change some loan terms without the participant's permission.
Ответ:
300m
Step-by-step explanation:
20 x 15 = 300