Answer:
<u>compliance-based.</u>
Explanation:
Compliance-based ethics is characterized as a set of rules and regulations determined by an organization for its employees to base on when performing their activities within the company.
It is implemented by companies so that the activities of employees comply with the rules and laws that companies must follow.
This model divides expert opinions because they believe it does not motivate employees to set ethical thoughts and actions out of a positive bias, but out of fear of punishment and losing their job position.
What happens is that ethics and legality are not the same thing; a company may comply with its compliance-based code of ethics, but still engage in unethical behavior.
Answer:
The source of consumer credit is credit obtained on services like banking, insurance and travel.
Explanation:
- Source of consumer credit are savings, credit union, sales , life insurance and loans etc. Entertainment credit is a state provided naturla pension credit union its controlled by the members. Is a loan or a form of credit, where the fund is dispersed in full when the loan is closed and must be given back.
If Jim wants to get a car that will last for the next 10 years, he should consider leasing the car. This is because he doesn't have enough money to flat out buy the car and only 10 years instead of a lifetime.
Answer: 1. false , 2.gains , 3. losses , 4 harmed , 5 benefited
Explanation:
1. Real interest rate ≈ Nominal interest rate - Inflation rate
Inflation rate has an inverse/negative relationship with Real interest rate, an increase in inflation rate will cause a decrease in real interest rate
2 if interest rate rises the lender gains because the borrower will now pay more interest on the loan
3. Borrower losses because more interest would need to be paid
4 harmed. when inflation rate increased in the 1970s interest rate fell drastically and borrowers could have paid lower interest if they were not on fixed interest rate
5 banks benefited they the interest rate on loans they made was not affected by the fall in the interest rate
Answer:
Investment trading
Explanation:
Financial institutions' core business is to sell loans. They accept deposits from customers and use those deposits to create loans to firms and individuals. Financial institutions are intermediaries of credit; they connect the demand and the suppliers of credit. Direct deposits are a way of depositing money while ATM's and debits card gives customers access to their deposits.
Investment trading is a service offered by stock exchange markets through stockbrokers and investment banks.
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