ETHICS ✶ To qualify for financial assistance from the SBA, Jim realizes his application must have positive credit merits. One of the criteria is the relationship between the business’s debt and equity. In order to satisfy this criterion, Jim asks his best friend, D.J., for a loan of $20,000, which he promises to repay in six months. Jim then deposits the money from his friend in his own bank and states on the application form that he himself has invested $20,000 in the business as equity. Has Jim violated any ethical principle?