When Money Is Loaned at a Greater Rate of Interest

question 36

Multiple Choice

When money is loaned at a greater rate of interest than is allowed by law, __________ is committed.

• A) Usury
• B) credit misfeasance
• C) petty theft
• D) credit malfeasance

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Definitions:

Error Level

The magnitude or frequency of mistakes or inaccuracies within a process, system, or document.

Confidence

The measure of certainty or belief in the effectiveness, quality, or reliability of something, often used in statistical analysis or personal assurance.

Sample Proportion

The fraction or percentage of observations from a particular category within a sample, used in statistics to make inferences about populations.

Sample Size

The number of observations or replicates included in a statistical sample.