A bank is considering implementing a business rules management system for assessing the risk and creditworthiness of individuals as part of the loan approval process. • List and explain 3 benefits of such a system? • List 2 potential legal or ethical issues that might arise in the use of such a system

A bank is considering implementing a business rules management system for assessing the risk and creditworthiness of individuals as part of the loan approval process. • List and explain 3 benefits of such a system? • List 2 potential legal or ethical issues that might arise in the use of such a system

Pfin (with Mindtap, 1 Term Printed Access Card) (mindtap Course List)

7th Edition

ISBN:9780357033609

Author:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk

Publisher:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk

Chapter6: Using Credit

Section: Chapter Questions

Problem 5LO

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