The illegal practice of charging more than the amount of interest allowed by law is called usury.
Question:
The illegal practice of charging more than the amount of interest allowed by law is called usury. True/False
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (3 reviews)
Answered By
Ali Khawaja
my expertise are as follows: financial accounting : - journal entries - financial statements including balance sheet, profit & loss account, cash flow statement & statement of changes in equity -consolidated statement of financial position. -ratio analysis -depreciation methods -accounting concepts -understanding and application of all international financial reporting standards (ifrs) -international accounting standards (ias) -etc business analysis : -business strategy -strategic choices -business processes -e-business -e-marketing -project management -finance -hrm financial management : -project appraisal -capital budgeting -net present value (npv) -internal rate of return (irr) -net present value(npv) -payback period -strategic position -strategic choices -information technology -project management -finance -human resource management auditing: -internal audit -external audit -substantive procedures -analytic procedures -designing and assessment of internal controls -developing the flow charts & data flow diagrams -audit reports -engagement letter -materiality economics: -micro -macro -game theory -econometric -mathematical application in economics -empirical macroeconomics -international trade -international political economy -monetary theory and policy -public economics ,business law, and all regarding commerce
4.00+
1+ Reviews
10+ Question Solved
Related Book For
Business Law With UCC Applications
ISBN: 9780073524955
13th Edition
Authors: Gordon Brown, Paul Sukys
Question Posted:
Students also viewed these Social Science questions
-
Sale receivables without guarantee is a complete sale which transfer of the form and the substance. True / False
-
The Crazy Eddie fraud may appear smaller and gentler than the massive billion-dollar frauds exposed in recent times, such as Bernie Madoffs Ponzi scheme, frauds in the subprime mortgage market, the...
-
Googles ease of use and superior search results have propelled the search engine to its num- ber one status, ousting the early dominance of competitors such as WebCrawler and Infos- eek. Even later...
-
The use of prenumbered checks in disbursing cash is an application of the principle of: (a) establishment of responsibility. (b) segregation of duties. (c) physical controls. (d) documentation...
-
A heat engine utilizes a heat source at 550oC and has an ideal (Carnot) efficiency of 28%. To increase the ideal efficiency to 35%, what must be the temperature of the heat sources?
-
No- State Insurance Company has made the following estimate of auto damage for several groups of potential customers who own cars worth $10,000. There are an equal number of customers in each group....
-
Discuss how to identify whether a vacancy exists and, if it does, explain how job and competency analysis support the determination of its requirements
-
The enrollments of the 13 public universities in the state of Ohio are listed below. College Enrollment University of Akron......... 26,666 Bowling Green State University.... 17,298 Central State...
-
Novelli's Nursery has developed the following data in order to calculate the lower of cost or net realizable value for its products. The individual products are listed within the categories of trees....
-
If a license is required simply to raise revenue, the lack of a license will make a contract void. True/False
-
A contract made by a person who is intoxicated is completely void. True/False
-
Test the series for convergence or divergence. n=1 n + n cos?n 2. n cosn
-
Maintenance costs at Red Dot Manufacturing over the past six months are listed in the following table. ( Click the icon to view the maintenance costs. ) Using the high - low method, what is the total...
-
PURPOSE: Understand Markov chains as a means to model/predict probabilistic processes in a simple case. a. Toss a coin 32 times and record the outcome (as a string of H and T). b. Compute the...
-
2. 1. The following are considered Financial Statements as per the Generally Accepted Accounting Principles (GAAP), except: a.) Profit & Loss Statement b.) Cash Flow Statement c.) Statement of...
-
In what ways do you feel prepared to use your communication skill after completing the assignment? If you don't feel prepared, share why.
-
Budgeted Activity Activity Cost Activity Base Casting $238,560 Machine hours Assembly 158,620 Direct labor hours Inspecting 24,090 Number of inspections Setup 52,540 Number of setups 43,200 Number of...
-
Consider a refrigerator that operates on the vapor compression refrigeration cycle with R-134a as the working fluid. The refrigerant enters the compressor as saturated vapor at 160 kPa, and exits at...
-
a. What is meant by the term tax haven? b. What are the desired characteristics for a country if it expects to be used as a tax haven? c. What are the advantages leading an MNE to use a tax haven...
-
Which of the following generate self-employment income for partners/members? a. Partnership income allocated to a limited partner b. Long-term capital gains allocated to an LLC member c. Income...
-
Which of the following properly describes a difference between a partnership and an LLC? a. Partnerships pass income and losses through to the partners while LLCs generally pay an entity level tax...
-
Gloria is a 30-percent general partner in the VH Partnership. During the year, VH borrows $40,000 from a bank to fund operations and is able to pay back $10,000 before year-end. VH also borrows...
-
How to solve them..equation and explain ..please.. 1. Selected information from the companys financial records is presented below Equipment, December 31, 2013 $300,000 Equipment, December 31, 2014...
-
During 2024, its first year of operations, Hollis Industries recorded sales of $11,900,000 and experienced returns of $760,000. Cost of goods sold totaled $7,140,000 (60% of sales). The company...
-
What is the value of a 15% coupon bond with 11% return? Is it a discount or a premium bond?
Study smarter with the SolutionInn App