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Aleksandr [31]
3 years ago
7

"Albert applied for a consumer durables loan at Horizon Bank and had to provide his personal information in the loan application

form. John, the banker in charge, used Albert’s information to sell him a credit card issued by Horizon Bank. In this scenario, John’s action is considered"
Business
1 answer:
ira [324]3 years ago
4 0

Answer: c. legal but unethical

Explanation:

With John being in charge of the loan application when Albert came to apply, John had access to Albert's information.

John then used this information which he had LEGAL access to, to recommend a bank product to Albert.

This is legal but UNETHICAL because Albert did not know that any information he gave will be used for a reason different from his application for a loan.

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alex41 [277]

Answer:

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4 0
2 years ago
A salesperson is offering promissory notes for a company selling coffee at drive-through kiosks. The notes pay a 13% interest ra
OverLord2011 [107]

Answer:

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To offer a promissory note, both the salesperson and the note must be registered in the state.  Only promisory notes that have maturities of 9 months or less, that are investment grade, and are sold in minimum increments of $50,000 are exempt from registration.  

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4 0
3 years ago
Fyodor, a manager of the research and development team of an organization, challenges his subordinates to "think outside the box
nexus9112 [7]

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grandymaker [24]
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GrogVix [38]

Answer:

40%

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7 0
2 years ago
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