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Question
Which of the following statements is true of 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 based on the customer lifetime value.
C. It refers to a way of encouraging white owners of property 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 its minority consumers by charging them more for services or products when compared to the charges for its non-minority consumers.
E. It refers to the refusal of an organization to make loans at all in certain areas where property values are low.
Answer
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