« previous next »

Author Question: Marla applies for and receives a three-year loan through Sharkey Lenders for 5,000 at 27 APR.If the ... (Read 87 times)

craiczarry

  • Hero Member
  • *****
  • Posts: 527
on: Jun 24, 2018
Marla applies for and receives a three-year loan through Sharkey Lenders for 5,000 at 27 APR.If the loan agreement violates the applicable usury statute, Marla may be able to keep
 A)the interest that exceeds the usury limit.
 B)all of the interest on the loan.
 C)the interest and the 5,000.
 D)Any of the answer choices are possible, depending on where the loan was made.

Question 2

Regarding NAFTA's investment provisions:
 A) domestically owned companies are given priority over foreign-owned firms.
 B) Mexico has stricter environmental laws than the United States.
 C) firms operating in any NAFTA country can convert foreign exchange at local banks.
 D) local firms owned by investors from other NAFTA countries must fill senior management positions with local citizens.


abctaiwan

  • Sr. Member
  • ****
  • Posts: 355
Reply #1 on: Jun 24, 2018
Answer to Question 1

D

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Aspirin may benefit 11 different cancers, including those of the colon, pancreas, lungs, prostate, breasts, and leukemia.

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Did you know?

Every 10 seconds, a person in the United States goes to the emergency room complaining of head pain. About 1.2 million visits are for acute migraine attacks.

The carbon cycle. Numbers are storage as 1015 g or fluxes as 1015 g per year (data from Schlesinger The carbon cycle. Numbers are storage as 1015 g or fluxes as 1015 g per year (data from Schlesinger
Preoperative photograph of a 43-year-old Caucasian male with necrotizing fasciitis on the day of ... Preoperative photograph of a 43-year-old Caucasian male with necrotizing fasciitis on the day of ...
Types of ecosystem service vs. total global value per year Types of ecosystem service vs. total global value per year
The average weight gain between Thanksgiving and New Year's Day is about a pound The average weight gain between Thanksgiving and New Year's Day is about a pound
Kahan (Last Year) Kahan (Last Year)
Analysts expect Virtucon to make payouts of $8.7643B at the end of this year. Assume that all ... Analysts expect Virtucon to make payouts of $8.7643B at the end of this year. Assume that all ...
Video: Stroke volume - afterload definition & hypertension

For a complete list of videos, visit our video library