In determining whether to issue a loan, banks are not allowed to ask about an applicant’s <u>country of origin.
</u><u />This is so as to prevent banks from stereotyping people and basing their decision on the person's country of origin. All people should be equal when it comes to getting the credit or not, as the decision should be based only on the income and the appropriate factors other than descent. <u>
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Answer:
The postwar era, 1945-1950.
Tangible property is the property that can be identified by the senses, it can be seen and possessed.
What is Tangible property?
- To distinguish it from intangible property, tangible property is defined in law as essentially everything that can be felt.
- This encompasses both real and personal property.
- The term "choices in possession" refers to physical property in English law and several Commonwealth legal systems.
To learn more about Tangible property, refer to the following link:
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Answer:
two decades
Explanation:
The World Bank suggested technological progress and economic growth rates were contained in their 2008 report which further recognizes that the rural and low-technology products such as corn can gain from the different technological innovations that are happening while mobile banking can aid those that require low technology market vending. All these are the outcome of Technological globalization.
Answer:
Sustainable growth rate = 20.86%
Explanation:
Given the total asset turnover = 3
Profit margin = 5.9%
Equity multiplier = 1.50
Payout ratio = 35%
Sustainable growth rate = ROE * (1 – payout ratio) / 1- ROE * (1 – Payout ratio)
ROE = Profit margin * total asset turnover * equity multiplier
ROE = 5.9 * 3 * 1.5
ROE = 26.55%
Sustainable growth rate = 0.2655 * (1-0.35) / 1 – 0.2655 * (1-0.35)
Sustainable growth rate = 20.86%