Regulations to prevent Usury are meant to
A)limit consumption of depletable resources.
B)control rents from increasing.
C)cap the cost of borrowing.
D)provide a living wage.

Question

Quizplus · Accepted Answer

Regulations to prevent Usury are meant to cap the cost of borrowing, specifically to prevent lenders from charging excessively high interest rates on loans. Usury laws vary by jurisdiction and typically set a maximum interest rate that lenders are allowed to charge. This is meant to protect borrowers from becoming trapped in a cycle of debt they cannot escape from.

Regulations to Prevent Usury Are Meant to