The usury interest rate that individuals can charge generally cannot exceed:
A. 1%
B. the rate charged by credit card companies
C. 10%
D. the highest interest rate currently being charged by all lenders
Answer: C. 10%
Business
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Unlike the U.S. Uniform Commercial Code and some other domestic sales laws, the CISG rules on risk of loss are not concerned with breach of contract. Which of the following contracts is an exception to this?
A. a shipment contract B. an in-transit contract C. a destination contract D. a transshipment contract
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