Mike has an existing overdraft with a limit of $220,000. He wishes to increase the limit to $300,000 due to an expansion of his financial planning business. So far this business has been very successful. He also wishes to obtain an unsecured personal loan for $75,000 to purchase a new car. He visits The Bank to arrange finance. You Boss is worried that this loan may be risky due to the downturn in the local economy caused by Covid-19, and the potential affect on the financial planning business is currently unknown. Which is the correct answer? (a) The NCC/NCCP Acts do not apply to either the overdraft extension or the unsecured loan. (b) The NCC/NCCP Acts do apply, but you should not extend the overdraft because it would be "irresponsible". (c) The NCC/NCCP Acts do apply, but the loan for the new car will be "irresponsible". (d) None of the above answers are correct.