Solved

Congress Passes a Law Preventing Lenders from Charging More Than

Question 360

Multiple Choice

Congress passes a law preventing lenders from charging more than 12% interest. Loan Co. only lends money to people in Florida. Loan challenges the application of the law to his business, because he conducts it all within one state. The law is probably:


A) constitutional under the Commerce Clause
B) constitutional according to the Third Amendment
C) unconstitutional as the Commerce Clause is interpreted
D) unconstitutional as the Necessary and Proper Clause is interpreted
E) unconstitutional as the Third Amendment is interpreted

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions