Write a fictional scenario describing an ethical challenge you might encounter in a loan transaction.
Answers
Ram is Laxman's best friend.Ram needed a lot of money and so he asked Laxman that if he can help him.
Laxman is the manager o UCO bank. Ram had no other ways of getting money as he had a business which has been cut down by his father thus cannot pay the amount back to Laxman.
So now it was totally on his risk that whether he will lend the money or not cause he knew every consequences so now he needs to possible actions.
Tommy and Oliver were good friends.
Once upon a time, Tommy was in a great need of money so he requested his friend Oliver who was a manager of Starling Bank, to lend him some money.
Oliver knew well that Tommy has no work and his father had cut him off of his properties, so it would be impossible for him to repay the amount back to the bank he is borrowing from.
Oliver was wondering on whether the request of his friend Tommy should be granted.
This was a fictional scenario describing an ethical challenge as he knew the consequences if he would grant Tommy's request.