Congress passes a law preventing lenders from charging more than 12% interest. Loan Co. only lends money to people in Florida. Loan challenges the application of the law to his business, because he conducts it all within one state. The law is probably:

Question

Quizplus · Accepted Answer

The law is likely constitutional under the Commerce Clause because even though Loan Co. operates solely within Florida, the lending activities can affect interstate commerce, which Congress has the authority to regulate under the Commerce Clause.

Congress Passes a Law Preventing Lenders from Charging More Than