Question

You are working with a customer who has disclosed they have new payment obligations that do not appear on their credit report. You realize that your customer qualifies for a loan based on figures calculated using only payment obligations reported on their credit. In order to ensure your client qualifies, you decide to exclude the payment obligations that do not appear on the credit report. This action is:

Answer 1

illegal and unethical

Step-by-step explanation:

Business Ethics

This is simply known as principles and standards in the business world that determine conducts which are acceptable in business. For a behavior to be acceptable in business is determined by organization, stakeholders like customers, competitors, government regulators, interest groups, and the public.

Unethical conducts are not always illegal. Unethical behavior or conducts are actions deemed or known by society as not really illegal, and both legal and ethical concerns change over time.

One is required to count any payment obligations you know about even if they do not appear on the credit report. For not counting a payment obligation.is not only illegal, it is misrepresentation and also unethical.