Asked by Darby Fischer on Apr 28, 2024
Verified
The illegal practice of charging more than the amount of interest allowed by law is called:
A) libel.
B) in pari delicto.
C) slander.
D) usury.
Usury
The practice of charging more than the amount of interest allowed by law.
- Pinpoint and elucidate fundamental legal ideas and pacts, such as secrecy contracts, usury, and deals to exempt from responsibility.
Verified Answer
ZK
Zybrea KnightMay 03, 2024
Final Answer :
D
Explanation :
Usury is the illegal practice of charging more than the amount of interest allowed by law. Libel and slander are types of defamation, and in pari delicto refers to situations where both parties are equally responsible for a wrongdoing.
Learning Objectives
- Pinpoint and elucidate fundamental legal ideas and pacts, such as secrecy contracts, usury, and deals to exempt from responsibility.