Solved

A State Statute That Establishes a Ceiling or Maximum Rate

Question 57

Multiple Choice

A state statute that establishes a ceiling or maximum rate of interest to be charged on a loan is a(n) :


A) usury statute.
B) foreclosure statute.
C) redemption statute.
D) endorsement statute.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents