Case Analysis Essay Example | Topics and Well Written Essays - 250 words - 1

Case epitome - Essay Exampleith the lingo for the sole purpose of availing of the mansion loan, he should train been made awake(predicate) that applying for a loan does not necessarily indicate that he could immediately be approved unsloped because he has an account with the bank. As stipulated, the home loans at low interest rates were offered for account bearers meaning, those who have had established a historical experience as an account bearer for a considerable measurement of time could avail of the home loan (but does not guarantee approval). As he was an account holder and assuming he met all the requirements needed to avail of the home loan within the two-month period, his application could cool it have been processed, as promised and he could follow up with the loan officer the decision on his home loan application. Still, it does not guarantee that his application would be approved.In this regard, Sam could not sue the bank simply on the premise that the bank withdr ew the offer toward the end of the second month, since there could also be valid reasons for this. Taking it from the perspective of the bank, their legal department is sure to have covered all the rules and laws clever to making the promotional offer and must have stipulated that they have to option to withdraw the offer for reasons beyond their control (like a bad turn of the economy stipulations from the government, like what happened with sub-prime mortgage loans and no account holder qualified to avail of the home