Usury Laws Are Designed to Protect Consumers from

question 30

Multiple Choice

Usury laws are designed to protect consumers from

• A)obtaining loans to gamble on credit.
• B)taking insurance policies out on the life of another.
• C)companies charging excess interest on loans.
• D)professionals practicing a trade without a valid license.

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Definitions:

Helium Gas

A colorless, odorless, tasteless, non-toxic, inert, monatomic gas, the first in the noble gas group in the periodic table. Its boiling and melting points are the lowest among the elements.

Atm

A unit of pressure; standard atmosphere, approximately equal to the Earth's atmospheric pressure at sea level (101.325 kPa).

°C

A scale and unit of measurement for temperature where 0°C represents the freezing point of water and 100°C represents the boiling point of water at standard atmospheric pressure.

Atm

Standard atmosphere; a unit of pressure defined as 101,325 Pa and used as a reference for atmospheric pressure.