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Question 16 Elizabeth AshburnDuke applied for and receiveda consumer loan from Wells FargoBank at an interest rate that exceeds the state's maximum.Wells Fargo has a.
Question 16
Elizabeth AshburnDuke applied for and receiveda consumer loan from Wells FargoBank at an interest rate that exceeds the state's maximum.Wells Fargo has
a. violated the usury laws.
b. engaged in a restraint of trade.
c. calculated the optimum rate that the market will bear.
d.underestimated the risk of the loan's nonpayment.
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