Which of the following is not an example of a state penalty for violating usury law?
A) restricting the lender to the recovery of the loan but no interest whatsoever
B) allowing the lender to recover the loan principal and interest up to the maximum contract rate
C) restricting the lender to the recovery of the loan plus seventy-fifty percent (75%) of the interest
D) requiring the lender to pay,as a penalty,double the interest the borrower paid on a usurious loan
Correct Answer:
Verified
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