The State of Nevada Enacts a Usury Statute

question 39

Multiple Choice

The state of Nevada enacts a usury statute. With respect to different types of transactions, including ordinary loans, the purpose of the statute is to

• A)set a maximum rate of interest.
• B)regulate certain forms of gambling.
• C)specify clauses that must be included in certain contracts.
• D)prohibit certain contracts based on their subject matter.

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Definitions:

Dark Brown

A color, often associated with earth or wood, that signifies a deep, rich brown shade.

C Soil Horizon

The layer of soil that consists of weathered parent material, lying beneath the A (topsoil) and B (subsoil) horizons.

Weathering

Weathering is the process by which rocks, soil, and minerals are broken down by the Earth's atmospheric and biological conditions, such as temperature changes and chemical reactions.