One Method of Defining or Identifying Discriminating Lending Behavior Is

question 12

Multiple Choice

One method of defining or identifying discriminating lending behavior is that discrimination is said to exist if a lender fails to adhere to a set of guidelines governing the do's and don'ts of a lending procedure.This is known as the:

• A) effects method
• B) intent method
• C) practices method
• D) screening method

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Definitions:

United Nations

A global organization established in 1945 to promote peace, security, and cooperation among countries worldwide.

Successful Globalization

Successful globalization refers to the process whereby businesses expand beyond their domestic borders to integrate into international markets, fostering global economic integration and growth.

Human Rights

Fundamental liberties and privileges inherent to all individuals globally, from their time of birth until their demise.

Developed Markets

Developed markets refer to countries with highly developed economies, characterized by strong industrial foundations, high levels of income per capita, and widespread infrastructure.