Rehab Center Signs an Agreement with Savers Bank to Borrow

Multiple Choice

Rehab Center signs an agreement with Savers Bank to borrow $40,000 at 20 percent interest. Later, the state legislature passes a law lowering the maximum permissible rate of interest to 15 percent. Rehab's best argument for avoiding payment to Savers is that

A) ​performance of the contract is commercially impracticable.
B) ​payment of the loan would force Rehab into bankruptcy.
C) ​the law has rendered performance of the contract illegal.
D) ​the specific subject matter of the contract has been destroyed.