You Evaluate Loan Requests as Part of Your Job at Beach

question 39

Essay

You evaluate loan requests as part of your job at Beach Front National Bank. One loan request you received is from Surfer Dude Supplies, a small proprietorship. Tracy Roberts, the owner, is requesting $75,000 and brings you a trial balance (or Statement of Accounts) for his first year of operations ended December 31, 2010.
REQUIRED: While you are willing to work with Tracy, how would you explain to him that a complete set of financial statements from his accountant would be more useful for evaluating the loan request?

Recognize common biases and errors in research and how they can be mitigated.

Appreciate the importance of operational definitions in psychological research.

Understand the ethical considerations and practices in psychological research.

Acknowledge the influence of psychologists’ personal values on research.

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Definitions:

Saquinavir

An HIV protease inhibitor used in the treatment of HIV/AIDS.

HIV Protease Inhibitor

A class of antiviral drugs used in the treatment of HIV/AIDS, designed to prevent viral replication by selectively binding to and inhibiting the protease enzyme.

Functional Group

A specific grouping of atoms within a molecule that has a predictable chemical behavior and is responsible for the characteristic reactions of the molecule.

Amine

Organic molecules and functional units which possess a nitrogen atom with a lone pair, exhibiting basic properties.