Ace the Ontario Mortgage Agent Exam 2025 – Unlock Your Future in Finance!

Question: 1 / 400

According to the Borrowers Assumptions, what should a practitioner do in the borrower's best interest?

Apply the core value: Honesty

Provide appropriate protection against fraud

Act in the borrower's best interest

A is incorrect because while honesty is an important core value, it is not explicitly stated in the Borrowers Assumptions that a practitioner should apply it in the borrower's best interest.

B is incorrect because providing protection against fraud is a necessary responsibility for practitioners, but it is not the main focus of the Borrowers Assumptions.

D is incorrect because while choosing the appropriate solution is important, it may not always align with the borrower's best interest. The Borrowers Assumptions emphasize the importance of acting in the borrower's best interest at all times. Therefore, C is the most correct answer.

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