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Zigmanuir [339]
3 years ago
11

Clement applies for a home loan at Global Bank Inc. As part of the process, he provides his personal details to the banker who i

s responsible for sanctioning loans. The banker uses Clement’s personal information to sell him insurance policies. In this scenario, the banker’s action is considered _____.
Business
1 answer:
Temka [501]3 years ago
7 0

Answer:

legal, but unethical

Explanation:

The next time you apply for a mortgage or personal loan, you may be asked if you want to buy credit insurance, or it may already be included in your loan proposal. Credit insurance protects the loan in the event that you cannot make your payments. Credit insurance is generally optional, which means you don't have to buy it from the lender. In fact, the Federal Trade Commission (FTC), the nation's consumer protection agency, says it is against the law for a lender or lender to mislead credit insurance (or other optional products) on your loan without your knowledge or authorization, but only if it is misleading so that insurance can be legally applied which you can later withdraw, that is why it is said to be legal but not ethically correct.

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True of false: the best measure to use when comparing alternative investments is the amount of the dollar gain or loss.
Evgesh-ka [11]
That statement is  True
In general, using only one measurement in comparing alternative investments is a mistake.
But, if you're only could choose one measurement, <span>the amount of the dollar gain or loss would be the best because it allows you to determine the time needed before you break your investment event and started obtaining profit.</span>
5 0
3 years ago
The general ledger of the Fly-Buy-Nite (FBN) Engineering Company contained the following account balances. Construct an income s
Amiraneli [1.4K]

Answer:

Fly-Buy-Nite (FBN) Engineering Company

Income Statement

Sales revenue                                          35,000

Less Expenses :

Administrative expenses      2,750

Sub-contracted services     15,000

Development expenses           900

Interest expense                       200

Selling expenses                    4,500      (23,350)

Net Income                                               11,650

Net Income before taxes is $11,650

Explanation:

The Income Statement shows operating results that is Profit or Loss resulting from trading operations of the company. Profit or Loss = Sales less Expenses.

8 0
3 years ago
How might you measure service quality in a​ hotel? A. Any unserviceable item in the room​ (light, TV,​ radio, mini-bar,​ etc.) B
strojnjashka [21]

Answer:

F. All of the above.

Explanation:

Service Quality of a Hotel is measured by a combination of all the suggested answers. The time takes  the customer to receive the service and the way all the systems and process the customer take to get the service as well as the general appeal of the service are all important.

8 0
3 years ago
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From the perspective of the parent corporation, contrast the tax consequences of a subsidiary liquidation under the general nonr
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Answer:

Section 338 allows the corporation to purchase stock and retain the basis of assets. It also allows adjusting the basis for the assets. Under section 338 the, if the corporation sold its assets, the transactions related to sale will be subjected to double tax. Whereas, if the corporation cause liquidation for the target asset's and then undergo for a sale is subjected to single tax.  

6 0
3 years ago
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tino4ka555 [31]
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b.)6-9 due to positive and increase.</span>
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3 years ago
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