Courts Usually Will Require Evidence for a Transaction to Be

question 18

Essay

Courts usually will require evidence for a transaction to be usurious. What factors will the courts require as evidence of usury?

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Definitions:

Industry Entry

The act of a new company entering an existing market with the intention of selling goods or services.

Profit Circumstances

Situations or factors that affect a company's ability to generate earnings above its costs.

Monopolistically Competitive

Describes a market structure where many firms offer products that are similar but not perfect substitutes, resulting in some control over pricing.