Virginia borrowed money from G & L Lending at 35% interest per year. Virginia is a Delaware resident and G & L is a Delaware company following Delaware law.Virginia defaulted on the loan. What amount can G & L collect from Virginia?

G & L will not be able to collect either the principal or interest.

G & L will be able to collect the interest but not any principal.

G & L will be able to collect the principal plus 35% interest per year.

G & L will be able to collect the principal but not any interest.