Which of the Following Is Not an Example of a State

question 15

Multiple Choice

Which of the following is not an example of a state penalty for violating usury law?

• A) restricting the lender to the recovery of the loan but no interest whatsoever
• B) allowing the lender to recover the loan principal and interest up to the maximum contract rate
• C) restricting the lender to the recovery of the loan plus seventy-fifty percent (75%)of the interest
• D) requiring the lender to pay,as a penalty,double the interest the borrower paid on a usurious loan

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Definitions:

Wild Cats

Undomesticated felines that live in a variety of habitats around the world.

Antelopes

A diverse group of hoofed mammals belonging to the Bovidae family, known for their speed and agility.

Rodents

A large group of mammals characterized by a single pair of continuously growing incisors in each of the upper and lower jaws, including rats, mice, and squirrels.

Freshwater Fish

Fish species that live in rivers, lakes, and streams, differing from those in marine environments in terms of habitat and salinity tolerance.