CRCM 試験問題を無料オンラインアクセス

Under the Interagency Statement on Retail Sales of Nondeposit Investment Products what disclosure must the bank's investment sales representative make to the customer?

• A.The sales commission resulting from the investment purchase
• B.The bank's regulatory agency
• C.The arbitration procedure for resolving disputes over investment advice
• D.That the investment product is not guaranteed by the bank

ABC Co. signs a contract to export goods to Country G, a boycotting country. Payment will be made by a letter of credit confirmed by First National Bank. The letter of credit requires the goods to be shipped on a ship eligible to enter the port of Country G in conformity with its laws and regulations and that the insurer of the goods has an agent in Country G.
Country G's laws prohibit blacklisted ships from calling at its ports and blacklisted insurance companies from qualifying agents in Country G.
First National Bank confirms the letter of credit. Did the bank's action constitute an agreement to participate in or cooperate with an international boycott, and is it subject to IRS reporting requirements?

• A.No. The confirmation of a letter of credit is not sufficient to be in participation or cooperation with a boycott.
• B.No. Because the bank is not responsible for knowing the laws of Country G, it is not in participation with or in cooperation with a boycott.
• C.Yes. The action is an agreement to participate in a boycott but no, it is not subject to the reporting requirements.
• D.Yes. The action is an agreement to cooperate with or participate in a boycott and, yes, it is subject to the reporting requirements.

The sender agrees to indemnify each Reserve Bank for:

• A.Any loss or expense resulting from sender's lack of authority
• B.Any warranty made by the Reserve Bank under Regulation J, Regulation CC, or the UCC
• C.Any action taken by the Reserve Bank within the scope of its authority in the handling of the item
• D.An electronic item that is not a substitute check is not liable for any amount paid by a Reserve Bank that is attributable to the Reserve Bank's own lack of good faith or failure to exercise ordinary care

ACME Bank is a state nonmember bank with all of its offices in one state.However, it also has an Internet Web site where it advertises consumer credit and accepts applications from a five-state regional areA. Two of the states are community property states. The other three are not. What is the best explanation for what ACME bank's management should do to comply with the FDIC ECOA spousal signature guidance?

• A.ACME can choose any of the state laws where it operates to apply to its consumer lending operations.
• B.ACME should make only business-purpose loans to avoid the spousal signature rules.
• C.ACME must become familiar with the laws of each of the five states and ask for spouse signatures only when appropriate under the law.
• D.Because ACME has all of its offices within one state, it only has to be knowledgeable of the legal requirements of that state regarding spousal property rights and can apply those laws to all of its operations.

Which of the following transactions is subject to the provisions of Regulation O?

• A.Travel advance to an executive officer outstanding for less than 30 days
• B.Time deposit account held by a director
• C.Extension of credit to a member of the bank's board of directors
• D.Extension of credit to a director of an unaffiliated, competing, noncorrespondent bank