Question: When a bank decides whether or not to make a loan to a customer it knows will be unlikely to be able to repay the

When a bank decides whether or not to make a loan to a customer it knows will be unlikely to be able to repay the loan, this is an example of:
social responsibility initiative
corporate sustainability initiative
An ethical issue

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

When a bank decides whether or not to make a loan to a customer it knows will be unlikely to be able to repay the loan, this is an example of: (which one?) social responsibility initiative An ethical...

Q:

The 400-word paper on what I learned in two other chapters Chapter 15 The Problem of the Zero Percent Interest Rate Lower Bound Most economists believe that monetary policy (the manipulation of...

Q:

Before lending someone money, banks must decide whether they believe the applicant will repay the loan. One strategy used is a point system. Loan officers assess information about the applicant,...

Q:

Before lending someone money, banks must decide whether they believe the applicant will repay the loan. One strategy used is a point system. Loan officers assess information about the applicant,...

Q:

Please answer all parts of the question, no need to show work only answers Before lending someone money, banks must decide whether they believe the applicant will repay the loan. One strategy used is...

Q:

Thank you Question 3 (2' marks} In 1960, census results indicated that the age at which American men first married had a mean of 23.3 years. It is widely suspected that young people today are waiting...

Q:

Loans Before lending someone money, banks must decide whether they believe the applicant will repay the loan. One strategy used is a point system. Loan officers assess information about the...

Q:

Loans. Before lending someone money, banks must decide whether they believe the applicant will repay the loan. One strategy used is a point system. Loan officers assess information about the...

Q:

Loans Before lending someone money, banks must decide whether they believe the applicant will repay the loan. One strategy used is a point system. Loan officers assess information about the...

Q:

Before lending someone money, banks must decide whether they believe the applicant will repay the loan. One strategy used is a point system. Loan officers assess information about the applicant,...

Q:

Predict the intermediates and reagents necessary for the synthesis of the following compound from benzene. Specify the reaction mechanism to obtain compound A. Remember that you can add the reagents...

Q:

Molson Breweries applied for trademark registration of the "Export" for one of its beers. A competitor, John Labatt Limited, objected to the registration on the basis that the word "Export" was...

Q:

The Macaulay duration for the 1 6 - year, 7 . 5 % coupon bond in Problem 1 is approximately 1 0 : Comment on the relation between duration, horizon date, and bond immunization. Year t Cash Flow PVt...

Q:

The annual demand for an item is 1,700 units. The order cost is $7. Unit cost is $8 and the unit holding cost per year is 18% of the item's value. The order quantity is 125 units. What are the total...