Author Question: Payday loans carry an interest rate of a. less than 25 percent. c. about 75 percent. b. about 50 ... (Read 251 times)

CBme

  • Hero Member
  • *****
  • Posts: 548
Payday loans carry an interest rate of
 a. less than 25 percent. c. about 75 percent.
  b. about 50 percent. d. more than 100 percent.

Question 2

Which ethical issue in lending is described in the chapter?
 a. encouraging people to borrow more money than they can afford to repay
  b. charging excessively high interest rates
  c. both a and b
  d. neither a nor b



tofugiraffe

  • Sr. Member
  • ****
  • Posts: 319
Answer to Question 1

D

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

The strongest synthetic topical retinoid drug available, tazarotene, is used to treat sun-damaged skin, acne, and psoriasis.

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

For a complete list of videos, visit our video library