According to federal laws prohibiting discrimination, it is illegal to discriminate against people
a. in any aspect of employment.
b. mostly with respect to hiring.
c. mostly with respect to transfer, promotion, layoff, or recall.
d. mostly with respect to recruitment and testing.
Answer: a. in any aspect of employment.
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The state of Transas has set a maximum interest rate of 12 percent on loans. Matt borrows $10,000 from Tony to pay off a gambling debt. Both are residents of Transas
They sign a contract, which states that Matt would have to pay $1,500 as interest in one year to pay off the loan. Later, Matt gets to know about the state usury limit and sues Tony. What is the nature of the contract between Matt and Tony? A) It is illegal as it violates gambling statutes. B) It is legal as both parties were competent when the contract was signed. C) The contract is void as it violates usury laws. D) The contract is void as it is a contract to commit a crime.