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    Question

    In project finance, which type of account—managed by a

    neutral third party—serves as a temporary holding mechanism for funds until all specified conditions are fulfilled?
    A Sinking Account Correct Answer Incorrect Answer
    B Retention Account Correct Answer Incorrect Answer
    C Trust Account Correct Answer Incorrect Answer
    D Escrow Account Correct Answer Incorrect Answer
    E Settlement Account Correct Answer Incorrect Answer

    Solution

    Escrow accounts hold funds until contract conditions are met, offering security to all parties.

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