Through history, various economies have treated the use of interest as an unethical behavior. If explicitly charging

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Through history, various economies have treated the use of interest as an unethical behavior. If explicitly charging interest were made illegal in the US, what are at least three (legal) mechanisms that might replace explicit interest payment ?

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Fundamental Accounting Principles

ISBN: 978-0078110870

20th Edition

Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta

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Posted Date: Mar 22, 2024 03:17 PM

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Through history, various economies have treated the use of interest as an unethical behavior. If explicitly charging

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If explicitly charging interest were made illegal in the US the financial landscape would undergo significant changes Here are three potential legal m... View the full answer

Fundamental Accounting Principles

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