1. Where a person with his own capital approaches a bank, wishing to open a corporate account and requiring no credit, it is unreasonable for the bank to reject him on the grounds that he lacks experience in the sector in which he intends to trade.
2. Many businesses have been founded by people with no experience: Microsoft, Facebook, etc.
3. It is commonplace for a chief executive to move from one sector to another, in which he has no experience, and successfully to manage the new business.