Although Moneylending Was an Important Factor in the Success of Early

Although moneylending was an important factor in the success of early Italian merchant activity:

A) merchants had to procure loans from Muslim bankers, as such wealth was not available in Europe.
B) the Church taught that all merchants were beyond God's favor.
C) northern medieval towns prospered instead, because of the traditional landed aristocracy.
D) the papacy refused to borrow money in the Middle Ages.
E) the Western Christian church condemned the practice as usurious.