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ivanzaharov [21]
3 years ago
7

Summarize redlining and reverse redlining and why they are unethical lending practices. Describe your ethical obligations pertai

ning to appraisers. Describe factors that are used to identify an act or practice as being unfair, deceptive, or abusive (UDAAP). Write a fictional scenario (can be based on something you have witnessed in real life) describing an ethical challenge you might encounter in a loan transaction
Business
1 answer:
Harman [31]3 years ago
7 0

Redlining is a discriminatory process by which financial entities will deny service to specific customers based on where they live.

<h3>Why is this act unfair? </h3>

This is considered to be a very unethical practice. This has to do with the fact that people are being judged solely on their living conditions when denied financial aid, rather than on their previous credit history or other viable factors. For example, a person might be denied a loan despite having a great credit score, simply due to living in an area considered to be a "risk for investment".

Therefore, we can confirm that redlining is a highly unethical practice in which entities will deny service to a person or group of people based solely on living location.

To learn more about redlining visit:

brainly.com/question/1143385?referrer=searchResults

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Flem is an employee of Glo Goods, Inc. Flem reports to state officials that Glo is illegally shipping unsafe goods to unsuspecti
Anika [276]

Answer:

With respect to the employment-at-will doctrine, this is "An exception based on public policy"

Explanation:

Under the public-policy exception to employment at will, an employee is wrongfully discharged when the termination violates an explicit, well-established public policy of the state. For example, in most states, an employer can't terminate an employee for filing a workers' compensation claim after being injured on the job, or for refusing to engage in illegal activity at the request of an employer.

Public policy may be found in a state constitution, statute, administrative rule, or other state policy. The public-policy exception is the most commonly accepted exception, recognized in the vast majority of states.

4 0
3 years ago
Assume that the risk-free rate of interest is 5% and the expected rate of return on the market is 17%. A stock has an expected r
crimeas [40]

Answer:  ER(P) = Rf + β(Rm-Rf)

                 6      = 5 + β(17-5)

                 6      = 5 + β(12 )

            6 - 5     = 12β

                1        = 12β

                 β       =  1/12

                 β       = 0.083

Explanation: In determining the Beta of the stock, we need to apply capital asset pricing formula and then make Beta the subject of the  formula. Other variables will be substituted with the exception of Beta, which becomes the subject of the formula.                                                                                          

6 0
4 years ago
Measuring conversions is a good way to calculate your ROI. Which of the following is a commonly calculated conversion? a shares,
Natasha2012 [34]

A commonly calculated conversion from the list is shares. The answer to this question is option a.

<h3>What are shares?</h3>

Shares can be described as a unit that is called mutual funds. The owner of a share is regarded as a shareholder.

Shares can be converted to be money. Therefore it is the best answer to this question.

Read more on shares here:

brainly.com/question/25818989

3 0
2 years ago
On May 1, 2010, Ziek Corp. declared and issued a 10% common stock dividend. Prior to this dividend, Ziek had 100,000 shares of $
erik [133]

Answer: did not change

Explanation:

From the question, we are informed that On May 1, 2010, Ziek Corp. declared and issued a 10% common stock dividend and that prior to this dividend, Ziek had 100,000 shares of $1 par value common stock issued and outstanding. We are further informed that the fair value of Ziek 's common stock was $20 per share on May 1, 2010.

As a result of this stock dividend, Ziek's total stockholders' equity did not change. The accounts involved belong to the stockholders' equity, therefore, there will be no change on the total stockholders equity.

5 0
4 years ago
Exercise 3-22 Recording costs of labor LO P2 Prepare journal entries to record the following production activities. Incurred $75
Paladinen [302]

Answer:

WIP                            75,000 debit

       Factory Payroll Payable 75,000 credit

Factory Overhead     20,000 debit

       Factory Payroll Payable 20,000 credit

Explanation:

The direct labor is capitalized through work in process inventory to lter become finished good once the product is finished.

While the indirect labor is determinated as actual factory overhead to be later compare against the applied overhead

7 0
3 years ago
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