Find out whether there is any error in the highlighted parts. The error, if any, will be in one part. If there is no error, the answer is (5). Ignore errors of punctuation, if any.
Issues might range from a simple internal hierarchical jumble to more direct and large conflicts, such as priority of charge on securities in circumstances of common stressed assets, and each bank's own recovery procedure.
1
range from a simple internal
2
to more direct and large conflicts
3
on securities in circumstances
4
and each bank's own recovery procedure.
5
No error