American_Bankers_Association
CTFA · Question #158
Dealer holdback is an allowance:
The correct answer is D. None of these. See the full explanation below for the reasoning.
Fiduciary and Trust Activities
Question
Dealer holdback is an allowance:
Options
- AThat manufacturer gives to the buyer
- BThat supplier gives to the buyer
- CThat wholesaler gives to the buyer
- DNone of these
How the community answered
(35 responses)- A3% (1)
- B14% (5)
- C6% (2)
- D77% (27)
Topics
#dealer holdback#auto financing#manufacturer allowance#car dealership
Community Discussion
No community discussion yet for this question.