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Question 267

Which of the following factors would NOT be considered when evaluating whether specific behavior by a banker violates the statute?

    Correct Answer: A

    When evaluating whether specific behavior by a banker violates the statute, the social and family ties of the banker would typically not be considered relevant. The evaluation would focus more on business-related factors rather than personal relationships. Factors such as the standard for business amenities and entertaining, whether there was a demonstrable business purpose, and whether a business transaction was consummated would be more pertinent to determine any potential violations.

Discussion
Cam22Option: B

This factor would not typically be considered when evaluating whether specific behavior by a banker violates a statute. The appropriateness of business amenities and entertaining practices in a particular region does not inherently determine whether a banker's behavior complies with relevant statutes or regulations.