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Question 474 pts You are running a mortgage broking business. The main service you offer is helping your clients find suitable mortgages. Your main source

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Question 474 pts You are running a mortgage broking business. The main service you offer is helping your clients find suitable mortgages. Your main source of income is commissions: for each mortgage your clients get, the mortgage issuer (usually a bank) pays you a one-off commission that is proportional to the principal of the mortgage and an additional yearly commission that is proportional to the amount of interest paid by a client on the mortgage. You are wondering whether you may have a conflict of interest. Explain what a conflict of interest is and how your incentives (the way you earn your income) may induce such a conflict of interest

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