L5M3 Exam Dumps | Sam is a factory manager and has purchased a new fixed asset on a loan purchase agreement. There is a

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Question 21/40

Sam is a factory manager and has purchased a new fixed asset on a loan purchase agreement. There is a forbearance agreement between the Factory and the provider. What does this mean?

A. the lender agrees to give the breaching party a period of time as an extension by which to meet their obligations

B. the lender requires the buyer to assign a guarantor in case they cannot make payments

C. the lender is able to demand full payment of outstanding balances in case of none pay-ment

D. the lender is able to charge interest on the purchase in line with RPI

Question 21/40

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