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1. Exercise 5.24 (focus on syntactic/behavioural quality; you do NOT need to re-do the model, only describe what you would change and why) (3 points)

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1. Exercise 5.24 (focus on syntactic/behavioural quality; you do NOT need to re-do the model, only describe what you would change and why) (3 points) Consider the process model for loan risk assessment of Figure 5.22. Does it suffer from soundness problems? If so, what behavioural rules does it violate? If the model is unsound, how can it be fixed without removing any activity? Credit history Asess apscans credere elige inical egy check Cho apricans come sources assement assessed Receive loan application not eligible mortgageable Apra of property morted Appraise other collateral Mortable Customer informed Application Inelig ble Fig. 5.22 A process model for loan risk assessment Credit history check Assess applicant's credit risk eligible Initial elig bility check Check applicant's income sources Loan risk assessment Receive loan application Risk assessed not elig ble Appraisal of property to be mortgaged mortgageable Appraise other collateral not mortgageable Customer informed Application ineligible

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