The 'Literal Rule' Is a Rule of Interpretation According to Which

question 23

Multiple Choice

The 'literal rule' is a rule of interpretation according to which:

• A)The words and phrases in a legal document are given their intended meanings.
• B)The interpreter identifies the mischief behind the legislation.
• C)The words and phrases in a legal document are given their ordinary and natural meanings.
• D)Legislation is interpreted so as to avoid any inconsistency or absurdity.

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Definitions:

Mayoral Campaign

A strategic effort undertaken by a candidate to promote themselves in a bid to be elected as mayor of a municipality.

Unenforceable

Describes a contract or clause that, due to certain legal deficiencies, cannot be legally compelled to be followed or executed.

Usury Statute

Laws that set the maximum interest rates that can be charged on loans.

Maximum Rate

The highest allowable interest rate or charge on a loan or financial contract as specified by law.