Explain shade tree lending corporation advertises

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Reference no: EM1368416

Shade Tree Lending Corporation advertises loans as fixed-rate loans but, in fact, their rates or payment amounts will change. This is

a. a legal-but unethical-business practice.

b. a legal and ethical-but morally arguable-financial ruse.

c. a violation of the law.

d. a necessary tactic to generate a profitable loan in today's market.

Reference no: EM1368416

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