A Number of States Have Enacted Statutes Exempting the Following

question 18

Multiple Choice

A number of states have enacted statutes exempting the following types of lenders from their usury laws:

• A) eligible lenders of installment loans.
• B) lenders for large consumer loans.
• C) lenders of unsubsidized educational loans.
• D) None of these.Only certain types of transactions rather than types of lenders are exempted.

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Definitions:

Crime Survey

A research method used to collect data on crime rates, types of crimes, and public perception of crime, often through questionnaires or interviews with a sample of the population.

Linear Continuum

A straight-line representation of a range or sequence of values, often used to illustrate a progression or spectrum.

Resistance

Opposition against an idea, force, or movement; the act of resisting.

Forcible

Involving the use of force or physical strength; compelling or strong.