1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Zigmanuir [339]
2 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]2 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.

You might be interested in
Mr kleaners acquired new industrial washing mavhine,the list price price of which was 52000.the supplier allowedva tade discount
Cloud [144]

Answer:

I think its $48,950.

Explanation:

you subtract 4,000 from 52,000 which is 52,000 - 4,000 = 48,000.

then you will add that extra $950 getting you a total of $48,950.

if I'm wrong I'm sorry I'm not that good at math.

7 0
3 years ago
A firm has $600,000 in current assets and $150,000 in current liabilities. Which of the following is correct if it uses cash to
Molodets [167]

Answer:

4) Net working capital will not change.

Explanation:

The best answer to the question is the 4th option. The net working capital will not be changed if company would be usingcash to pay off their accounts payable. Also the difference that exists between current assets and current liabilities will also stay the same way as it was before. current ratio will go up to 5.5.

Thank you.

4 0
3 years ago
Assume that you have already completed a 5-year international assignment working for KPMG as a Tax Consultant in Singapore.
horrorfan [7]

From the information, it can be inferred that it's an indication of the uncertainty that exists in the Vietnamese cultural model.

From the complete information, Vietnam has low points in the avoidance index. This implies that they're less associated with their cultural roots and don't have concern for hiring white people.

Some of the solutions that can be applied for training the workers include providing them with ethical and language-based training and also encourage a team culture.

Learn more about model on:

brainly.com/question/25993624

6 0
2 years ago
A simple discount note results in
Nikolay [14]
A simple discount note results in i<span>nterest that are deducted in advance, this can just be simply called a discount. </span><span> It is usually being confused with markdown. </span><span>Discount is a deduction in the price of a product base on the purchase of the customer while markdown is a reduction of price based on inability to be sold. </span>
6 0
2 years ago
Read 2 more answers
Transaction Processing Systems (TPS) can make decisions using predetermined rules and processes. This is an example of a(n) ____
avanturin [10]

TPS can make decisions based on pre-defined rules and processes. This is an example of an operational control's structured decision.

<h3>What is Transaction Processing Systems?</h3>

Transaction processing system is also denoted as TPS. It is a method of computing that breaks down work into discrete, indivisible activities known as transactions.

A transaction processing system is a software or may be hardware combination that facilitates transaction processing.

Therefore, the TPS is an example of a structured decision of an operational control.

Learn more about the Transaction Processing Systems, refer to:

brainly.com/question/11621307

#SPJ1

3 0
2 years ago
Other questions:
  • 13, a company has recently outsourced its payroll process to a third-party service provider. an audit team was scheduled to audi
    9·1 answer
  • What are three ways computers store information?
    8·2 answers
  • Between 1985 and x there was a period of no gains in the efficient of passenger vehicles (automobiles). Regulations required eff
    8·1 answer
  • Morgan Industries is comparing and contrasting its ending inventory value in terms of the three common inventory costing methods
    6·1 answer
  • .If the economy is normal, Charleston Freight stock is expected to return 16.5 percent. If the economy falls into a recession, t
    14·1 answer
  • In order to save $57,000 in five years, John will start saving money next month. He already has $10,000 in his account. The acco
    11·1 answer
  • A relevant cost ______. Multiple select question. differs between alternatives is always an opportunity cost pertains to the fut
    5·1 answer
  • Which of the following government actions would represent the largest increase in physical capital?
    9·1 answer
  • A portfolio is composed of two securities, Stock X and Stock Z. Stock X has a standard deviation of returns of 35%, while Stock
    15·1 answer
  • When making keep or replace decisions, management should consider the: (Check all that apply.)
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!