Redlining is described as: A) the practice of targeting certain communities for predatory lending. B) the practice of targeting homes in a high- priced neighborhood for refinancing. C) a lender denying loans to a neighborhood due to the low prices of the homes in that area. D) a lender denying loans to certain areas of a community, usually because of the racial characteristics of the applicant's neighborhood.

Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
Problem 1.1DQ
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Redlining is described as:
A) the practice of targeting certain communities
for predatory lending.
B) the practice of targeting homes in a high-
priced neighborhood for refinancing.
C) a lender denying loans to a neighborhood due
to the low prices of the homes in that area.
D) a lender denying loans to certain areas of a
community, usually because of the racial
characteristics of the applicant's neighborhood.
Transcribed Image Text:Redlining is described as: A) the practice of targeting certain communities for predatory lending. B) the practice of targeting homes in a high- priced neighborhood for refinancing. C) a lender denying loans to a neighborhood due to the low prices of the homes in that area. D) a lender denying loans to certain areas of a community, usually because of the racial characteristics of the applicant's neighborhood.
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