Practice question
What intent connects the borrower’s prohibited gift offer in Section 55.2(d) to the bank insider?
- Only to congratulate a birthday unrelated to credit
- Only to advertise a school
- Only to buy a newspaper
- Only to pay a lawful utility bill
- To influence approval of a loan or other credit-accommodation application
Legal references
- General Banking Law, RA 8791, Sections 3, 55, 87-88 and 92-93: https://lawphil.net/statutes/repacts/ra2000/ra_8791_2000.html
Answer this question in flashcards to review your response and continue practicing.