Which of the following statements holds true for the term "redlining"?
A) It refers to the practice in which real estate brokers guide prospective home buyers toward or away from certain neighborhoods based on their race.
B) It refers to the perceived business practice of a company providing a product or a service to only the high-value or low-cost customers of that product or service.
C) It refers to a way of encouraging white property owners to sell their houses at a loss by implying that racial minorities were moving into their previously racially segregated neighborhood, thus depressing real estate property values.
D) It refers to an organization targeting minority consumers by charging them more than would be charged to a similarly situated majority consumer.
E) It refers to the refusal of an organization to make loans at all in certain areas where property values are low.
Correct Answer:
Verified
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