SOFE Exam SOFA-CFE Topic 7 Question 51 Discussion

Actual exam question for SOFE's SOFA-CFE exam

Question #: 51
Topic #: 7

What must be unconditional, irrevocable, and contain an evergreen clause that automatically renews in the absence of prior written notice of non-renewal?

ATrust fund

BLetter of credit

CApproved securities

DNone of the above

Show Suggested Answer

Suggested Answer: B

by Kanisha at May 08, 2022, 08:26 PM

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