Charging an Interest Rate Higher Than the Rate Permitted by Law

question 4

Multiple Choice

Charging an interest rate higher than the rate permitted by law is known as

• A) ex post facto.
• B) usufruct.
• C) ab initio.
• D) usury.

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Definitions:

Frequency

The number of occurrences of a repeating event per unit of time, often used in the context of waves or vibrations.

Wavelength

The distance between two consecutive peaks or troughs in a wave, which determines its color in the spectrum of visible light or its properties in other types of waves.

Frequency

Frequency is the number of times a wave completes a cycle of oscillation per unit time, typically measured in hertz (Hz).

Wavelength

Wavelength is the distance between consecutive crests of a wave, especially points in a sound wave or electromagnetic wave.