Question: 1. Explain (note the word explain() whether contracts listed below would be enforceable in lowa. Don't be afraid to use the internet if you need

1. Explain (note the word explain() whether
1. Explain (note the word explain() whether contracts listed below would be enforceable in lowa. Don't be afraid to use the internet if you need some help: 1. A personal loan from a local bank for $5,000 at 40% interest. 2. An insurance policy on the life of your minor child. 3. A credit card from Citibank in South Dakota issued to an lowa customer, charging 40% interest. 4. A life insurance policy that names your car lender as the beneficiary, payable in the event of your death up to the amount of the balance of your car loan. 5. A contract with your local handyman to replace a doorknob. 6. A contract with an electrician to install a new electrical panel. 7. A credit card from your local lowa based bank with 40% interest. 8. An agreement with your local delivery service to transfer packages from a warehouse to a storefront, when those packages turn out to contain meth

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