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What is the output of the following code?
echo "1" + 2 * "0x02";
A. 0
B. 1
C. 2
D. 3
E. 4
Answer: A
You are introducing a lesson to a group of students. After presenting the objectives of the lesson, you tell a three minute story. You look around the classroom and the students seem perplexed and confused.
Which one of the following is the main reason for the students' reaction in the above scenario?
A. The story did NOT relate to the objectives you presented.
B. The story was too long.
C. You should have used an analogy.
D. The story included some startling or shocking statements.
E. The story was NOT funny.
Answer: A
A special servicer is the servicer who assumes servicing responsibilities when a loan goes into default and conducts the work-out "or foreclosure process. There are various scenarios typical for determining special servicers; as mentioned below, EXCEPT:
A. Those appointed solely because of risk-management expertise.
B. Those seller/issuers retaining the first-loss piece
C. Those investing in "B" pieces in return for special services rights.
D. None of these
Answer: A
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