Podcast
Questions and Answers
According to the terms and conditions, what happens if the customer's employment ends?
According to the terms and conditions, what happens if the customer's employment ends?
- The customer is no longer required to provide any guaranty to the Bank
- The customer's guaranty is no longer valid
- The customer must provide a new guaranty to the Bank (correct)
- The customer's guaranty automatically extends until fulfillment of obligations
What authority does the customer give to the Bank until fulfillment of obligations?
What authority does the customer give to the Bank until fulfillment of obligations?
- Full authority to receive any funds without any restriction or condition (correct)
- Limited authority to receive funds from others or entities
- Authority to receive funds only from formal entities
- Authority to receive funds only after the fulfillment of obligations
What does the customer confirm regarding liabilities that might affect the fulfillment of obligations?
What does the customer confirm regarding liabilities that might affect the fulfillment of obligations?
- The customer confirms liabilities will not affect fulfillment of obligations
- The customer confirms freeing of any liabilities (correct)
- The customer confirms liabilities will prevent execution of the contract
- The customer confirms adherence to new finance obligations
When would the customer be in default according to the terms and conditions?
When would the customer be in default according to the terms and conditions?
What action will be taken in case of installment delinquency based on the contract?
What action will be taken in case of installment delinquency based on the contract?