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Section A (1 Mark)A bank is considering making a loan to Sandeep Hunjan.

Section A (1 Mark)

A bank is considering making a loan to Sandeep Hunjan. Sandeep owns his own home and has lived there for the past four years. What aspect of evaluating a consumer loan application is this fact most concerned with?

A.

Character and purpose

B.

Deposit balance

C.

Employment and residential stability

D.

Pyramiding of debt

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