Chase Bank loaned $5,000 to Landon and charged him an interest rate that was five (5) percent

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Chase Bank loaned $5,000 to Landon and charged him an interest rate that was five (5) percent higher than the statutorily allowed maximum. This loan would be considered ________. Question 21 options: valid, since Badger can determine what potential profit is necessary to compensate it and its owners for the assumed risk voidable at the election of Badger void at the election of Plessy usurious fraudulent

Posted Date: May 18, 2024 10:04 AM

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Chase Bank loaned $5,000 to Landon and charged him an interest rate that was five (5) percent

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