A Loan Commitment Is Effective Without Acceptance by the Borrower

question 34

True/False

A loan commitment is effective without acceptance by the borrower.

---

Definitions:

Cohabitational Violence

Violence that occurs between individuals who live together, often referring to domestic abuse between partners.

Ethical Obligations

Duties that arise from a set of moral principles that govern a person's behavior or the conducting of an activity.

Immigrant Students

Students who have moved from their country of birth to another country, often facing unique educational and social challenges.

Domestic Violence

A pattern of abusive behavior in any relationship that is used by one partner to gain or maintain control over another intimate partner.