Midterm Assignment Example | Topics and Well Written Essays - 1250 words

Midterm - Assignment ExampleSome of the economys provisions do not sullen fair, for example, a code number 2. It states that an employee of Ashland University, who has responsibilities with respect to education loans, or any agent, shall not accept any gift from a lender, guarantor, or servicer of education loans. This is instead unfair owing to the fact that, at times, an employee can be awarded just for services well rendered and refusal to accept it world power be taken as insolence by the giver (Holloway, 2011). A loan can also be given to an employee on the basis of need and not on any regards basis hence, it turns out to be inconsiderate on the side of the employees (Holloway, 2011). Code number 6 forbids the institution from borrowing loans from various parties. This happens to be sooner unfair basing on the fact that once in a while the bank may happen to be down financially and the loan might be of great help. There is no crime in asking for the loan as long as the pay ment is guaranteed. Is any part of the code routinely violated?The rule on accepting gifts from lenders is often violated. Why do you think these violations occur?The human part of a person finds it overweight to resist a gift just because of professionalism. At times, one gets into a problem and is in a real need of a loan and the notwithstanding option is the forbidden party, hence goes ahead and breaks the code. What are the usual consequences of such violations? The consequences of such violations can be tough. The most common is being sacked.