True/False
It is illegal for a company to charge an annual interest rate of 65% to a customer on a $40,000 loan payable over 5 years.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q51: Which of the following does NOT have
Q52: A pay day loan contract in Toronto
Q53: Which of the following contracts are void
Q54: An offer can be withdrawn unless an
Q55: Bob Gates, aged 16, looks 19. He
Q57: The parties to a contract are free
Q58: In which of the following scenarios would
Q59: The test the courts use to determine
Q60: A company sells a software package to
Q61: In which of the following instance will