Information typically confirmed on liabilities to the bank would NOT include:
A) the existence of security included on the confirmation form.
B) interest rate.
C) loans beyond those included on the confirmation form.
D) all of the above

Question

Quizplus · Accepted Answer

Liabilities confirmed to the bank will only include information on loans and liabilities that are specifically included on the confirmation form. Therefore, any loans beyond those included on the form would not be confirmed. The existence of security and interest rate would typically be confirmed, as these are directly related to the loans listed on the form.

Information Typically Confirmed on Liabilities to the Bank Would NOT