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Exam Code: MLO
Exam Name: Mortgage Loan Origination (SAFE MLO) ExamCertification
Version: V16.75
Q & A: 400 Questions and Answers
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NEW QUESTION: 1
What happens when the issuer of a bond being used as collateral in a classic repo fails to pay a coupon on the bond during the term of the repo?
A. The buyer is obliged to make a manufactured payment to the seller and becomes an unsecured creditor of the issuer
B. The transaction is rolled over until the coupon is paid or the issuer becomes insolvent, at which point the seller becomes an unsecured creditor of the issuer
C. The transaction is terminated and the collateral is returned to the seller
D. The buyer is not obliged to make a manufactured payment to the seller but the buyer is likely to ask for margin
Answer: D
NEW QUESTION: 2
Which statement correctly describes enabling BPDU guard on an access port that is also enabled for PortFast?
A. If the port receives a BPDU, it is placed into the error-disable state.
B. Upon startup, the port transmits 10 BPDUs. If the port receives a BPDU, PortFast and BPDU guard are disabled on that port and it assumes normal STP operation.
C. The access port ignores any received BPDU.
D. BPDU guard is configured only globally and the BPDU filter is required for port-level configuration.
Answer: A
Explanation:
When enabled on a port, BPDU Guard shuts down a port that receives a BPDU. When configured globally, BPDU Guard is only effective on ports in the operational PortFast state. In a valid configuration, PortFast Layer 2 LAN interfaces do not receive BPDUs. Reception of a BPDU by a PortFast Layer 2 LAN interface signals an invalid configuration, such as connection of an unauthorized device. BPDU Guard provides a secure response to invalid configurations, because the administrator must manually put the Layer 2 LAN interface back in service. With release 12.1(11b)E, BPDU Guard can also be configured at the interface level. When configured at the interface level, BPDU Guard shuts the port down as soon as the port receives a BPDU, regardless of the PortFast configuration.
Reference:
http://www.cisco.com/en/US/docs/routers/7600/ios/12.1E/configuration/guide/stp_enha.html#wp10 20395
NEW QUESTION: 3
Refer to the exhibit.
An attempt to deny web access to a subnet blocks all traffic from the subnet. Which interface command immediately removes the effect of ACL 102?
A. no ip access-group 102 out
B. no ip access-class 102 in
C. no ip access-group 102 in
D. no ip access-class 102 out
E. no ip access-list 102 in
Answer: A
NEW QUESTION: 4
Which of the following are characteristics of a reserved instance?
A. It is specific to an Amazon Machine Image(AMI)
B. It can be applied to instances launched by Auto Scaling
C. It can be migrated across Availability Zones
D. It can be used to lower Total Cost of Ownership (TCO) of a system
E. It is specific to an insurance Type
Answer: C,D,E
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