For Each of the Following Questions That Might Appear on an Application

question 98

Essay

For each of the following questions that might appear on an application form, identify them as either (A) appropriate or (B) inappropriate, from a legal perspective.
a.Appropriate
b.Inappropriate
-Do you have any physical or mental disabilities, defects, or handicaps?

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Definitions:

Interest Rate

The financial obligation a borrower incurs to a lender, calculated as a percentage of the principal, for the right to use certain assets.

Deposits Increase

A rise in the amount of money held in bank accounts, often indicative of an economy's health or individual savings growth.

Compounded Annually

The process of calculating interest on both the initial principal and the accumulated interest from previous periods on a yearly basis.

Withdraw

The act of removing funds from an account, investment, or deposit.