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When a Credit Application Is Refused, It Is Sufficient That

question 13

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When a credit application is refused, it is sufficient that the lender give the applicant a written statement saying: "application refused."


Definitions:

Job Performance

The level of effectiveness and efficiency with which an employee carries out their job responsibilities and tasks.

Organizational Commitment

The psychological attachment or loyalty of an employee towards their organization.

Job Satisfaction

The level of contentment employees feel about their work, which can affect their productivity and loyalty to the company.

Job Satisfaction

The level of contentment employees feel regarding their job, encompassing aspects like work environment, duties, and compensation.

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