Multiple Choice
The state of Nevada enacts a usury statute. With respect to different types of transactions, including ordinary loans, the purpose of the statute is to
A) set a maximum rate of interest.
B) regulate certain forms of gambling.
C) specify clauses that must be included in certain contracts.
D) prohibit certain contracts based on their subject matter.
Correct Answer:

Verified
Correct Answer:
Verified
Q34: A minor can ratify a contract and
Q35: Quest enters into a contract to buy
Q36: Lazlo and Mac bet illegally on the
Q37: The contracts entered into by a minor
Q38: A contract entered into by an intoxicated
Q40: Seth is mentally incompetent but has not
Q41: Among the requirements for a valid contract,
Q42: A minor can enter into any contract
Q43: A contract that calls for an action
Q44: Owen, the owner of Parts Company, pays