« 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 80 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?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

About 80% of major fungal systemic infections are due to Candida albicans. Another form, Candida peritonitis, occurs most often in postoperative patients. A rare disease, Candida meningitis, may follow leukemia, kidney transplant, other immunosuppressed factors, or when suffering from Candida septicemia.

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Available Fresh Water per year Available Fresh Water per year
Types of ecosystem service vs. total global value per year Types of ecosystem service vs. total global value per year
Foods for Baby’s First Year Foods for Baby’s First Year
Charlie Stone wants to retire in 30 years, and he wants to have an annuity of $1000 a year for ... Charlie Stone wants to retire in 30 years, and he wants to have an annuity of $1000 a year for ...
The Serial Numbers for Each Day of the Year The Serial Numbers for Each Day of the Year
Kindergarten school year book Kindergarten school year book
Video: Protein digestion - stomach & small intestine

For a complete list of videos, visit our video library