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QUESTION TWO [20] Mr. Majola enters into a credit loan agreement with Capitec Bank. After a few months Capitec Bank determines his inability to payback

QUESTION TWO [20] Mr. Majola enters into a credit loan agreement with Capitec Bank. After a few months Capitec Bank determines his inability to payback the loan. Explain how reckless lending is determined and what steps should have been taken before the credit agreement was approved and finalised.

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