The State of Illinois Enacts a Usury Statute

question 1

Multiple Choice

The state of Illinois enacts a usury statute. The purpose is to

• A) ​establish a maximum rate of interest that may be charged for loans.
• B) ​establish a minimum rate of interest that may be charged for loans.
• C) ​prevent the misuse of money advanced as loans.
• D) ​prevent the misuse of money paid back on loans.

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Definitions:

Hysterical

An outdated term historically used to describe excessive or uncontrollable emotion or excitement; now more commonly refers to being extremely funny.

Sociopath

A term used to describe a person with antisocial personality disorder, characterized by a disregard for the rights and feelings of others and often engaging in manipulative and criminal behavior.

Psychopath

An individual with a personality disorder characterized by persistent antisocial behavior, impaired empathy and remorse, and bold, disinhibited, and egotistical traits.

Borderline Personality Disorder

A mental health disorder characterized by pervasive instability in moods, interpersonal relationships, self-image, and behavior, often leading to impulsive actions and problems in relationships.