Tony Shinn is applying for a mortgage to purchase his first home. His credit rating is mediocre due to several late

payments on his credit cards and car loan. He is upset because his friend Jerry was offered an interest rate $3$ percent less

than what Tony was offered by the same mortgage company. This mortgage company's actions were

a$)$ Unethical$-$both Tony and Jerry should have been charged the same interest rates,

regardless of their credit histories.

b$)$ ethical $-$ this is just a part of doing business because credit history is an

important indicator of future payments.

c$)$ illegal$-$subjective factors may not be used when determining which credit

offers may be extended to certain customers.

d$)$ unethical if Tony is a minority and Jerry is not.

e$)$ unethical and illegal$-$customers must all be treated the same.