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    Loans and Ethics

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    What prevents an unethical person from starting a business, simply to borrow the money with no intention of repaying?

    © BrainMass Inc. brainmass.com June 3, 2020, 9:11 pm ad1c9bdddf
    https://brainmass.com/business/business-philosophy-and-ethics/loans-ethics-170422

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    Unfortunately very little. However, if they borrow the money from a bank and don't repay and have any kinds of assets such as money in the bank, a house or a job, a judgment can be gained from the court in ...

    Solution Summary

    This solution discusses ethics within the business world.

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