Question: 43Within the steps to resolving a problem loan, why is it important to reevaluate the borrower? Select one: a.evaluating the bank and borrower's strengths and
43Within the steps to resolving a problem loan, why is it important to reevaluate the borrower?
Select one:
a.evaluating the bank and borrower's strengths and weaknesses helps determine a course of action
b.some lenders grow too close to their customers and cannot objectively appraise the situation
c.until a borrower has been testedby adversity, it is difficult to measure a borrower's true character
d.a bank with a few bad credits and the likelihood for strong future earnings may decide to engage in protracted loan workouts
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