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It Is a Criminal Offence for a Lender to Charge

question 46

True/False

It is a criminal offence for a lender to charge an interest rate in excess of 50 percent.


Definitions:

Earn More

The act or potential to increase one's income or financial gain.

Halo Effect

The cognitive bias that allows one positive characteristic of an individual to positively influence one's overall perception of them.

Attractive Babies

Infants perceived as physically appealing, often eliciting positive social responses and caretaking behaviors from others.

More Attention

The concept that certain stimuli or individuals gain increased focus from others due to their inherent qualities or the context in which they are presented.

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