Examlex
What is usury? What are the two legal exceptions discussed in the text whereby usury statutes will not be applied?
Natural Concept
A concept acquired not from a definition but through everyday perceptions and experiences.
Inductive
A reasoning process that involves making generalizations based on specific observations or examples.
Deductive
A logical process in which a conclusion follows necessarily from the stated premises; inference by reasoning from general to specific.
Experimental
Pertaining to a method of research in which variables are manipulated and the effects on other variables are observed; crucial in establishing causality in psychology and other sciences.
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