The Usury Laws

question 30

Multiple Choice

The usury laws:

• A) Are an example of ethical absolutism
• B) Are an example of ethical relativism
• C) Bar excessively high interest rates on certain types of loans
• D) Reflect the consensus among all countries that interest rates need to regulated by a universal body or multi-governmental entity

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Definitions:

Information Power

The influence and control one gains from possessing, controlling, and disseminating valuable information.

Ability

Innate and learned competency; talent required to perform a task; one’s level of achievement based on skill, motivation, and expectation that one will succeed. The greater the ability, the greater the potential for leadership effectiveness. See job knowledge.

Servant Leader

A leadership philosophy which posits that the main goal of a leader should be to serve others, placing the needs of the team above their own.

Servant Leadership

A leadership philosophy that emphasizes the leader's role as a servant first, prioritizing the needs of the employees and organization over personal gain.