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NEW QUESTION: 1
A recent compliance review revealed that several branch officers are using obsolete loan application forms, which do not include disclosures related to credit insurance sales. Which of the following steps should be taken FIRST?
A. Contact the bank's primary regulator to determine the best course of action.
B. Determine which customers were affected and take corrective action.
C. Instruct the branch to destroy all obsolete forms and immediately begin using the current versions.
D. Determine whether the branches use a separate document for required credit insurance sales disclosure.
Answer: D

NEW QUESTION: 2

A. Option C
B. Option A
C. Option B
D. Option D
Answer: B
Explanation:
When the member of the fault domain fails, the remaining two fault domain members are treated as failed too.

NEW QUESTION: 3
Proprietary information for your company's online business was released to a competitor. Which of the
following preventative measures should your company take to ensure that its proprietary information is
protected in the future?
A. Restrict Internet access
B. Monitor employees' messages
C. Destroy all proprietary information
D. Uninstall any e-mail clients
Answer: B

NEW QUESTION: 4
In which of the following is not a case where a deed to a condominium qualifies as a security?
A. the seller intends to profit
B. there is management by someone other than the owner
C. there is a 14-day owner usage provision
D. there is a time and space rental pool
Answer: C
Explanation:
Explanation/Reference:
Explanation: there is a 14-day owner usage provision. This provision is unrelated to qualification as a security.