When Money Is Loaned at a Greater Rate of Interest

question 14

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:

County AgriCredit

This term may refer to a specific or generic financial program or service offered at the county level targeting the agricultural sector, providing loans, credit, or financial assistance to farmers or agribusinesses. However, without more context, it is challenging to provide a precise definition.

Conditional

Depending on the fulfillment of certain conditions or circumstances, often used in contracts or agreements to signify contingent obligations.

Personal Satisfaction

A state or feeling of contentment and fulfillment that arises from achieving or realizing one's desires or goals.

Statute of Limitations

Laws setting the maximum period one can wait before filing a lawsuit, depending on the type of case or claim.