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Ethical Dilemma. Chen recently graduated from college and accepted a job in a new city. Furnishing his apartment has proved more costly than he anticipated. To enable him to make purchases, he applied for and received a credit card with a 5,000 credit limit. Chen planned to pay off the balance over six months. Six months later Chen finds that other expenses incurred in starting a new career have restricted him to making only minimum payments. Not only that, he has borrowed on his card to the full extent of its credit limit. Upon returning from work one day, Chen finds a letter from the credit card company offering to increase his limit to 10,000 because he has been a good customer and has not missed a payment. a. Discuss the ethics of credit card companies that offer to increase credit limits to individuals who make only minimum payments and who have maxed out their cards. b. Should Chen accept the credit card company's offer? c. How could Chen use a balance transfer card to help solve his problem? a. What are the ethical responsibilities of credit card companies that offer to increase credit limits to individuals who make only minimum payments and who have maxed out their card? (Select the best answer below.) A. This is not an ethical issue since Chen had not missed a payment. B. Credit card companies are in business to earn a return for their shareholders and are not responsible for the spending habits of their clients. C. Credit card companies have a responsibility to their customers by not enticing them to become overextended. D. Credit card companies are in business to earn a return for their shareholders, but have a responsibility to their customers by not enticing them to become overextended.