Solved

A Bank,YPC,offers a Customer a Personal Loan

Question 86

Multiple Choice

A bank,YPC,offers a customer a personal loan.In which of the following circumstances will this decision most likely be considered unethical?


A) The bank knows that the customer will be unable to pay the loan if the interest rate rises.
B) The bank is not aware of the investments made by the customer.
C) The bank has the financial statements of the customer, but it is not aware of each source of income.
D) The bank is depending on the customer to pay back the loan before term completion.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents