Many states impose no limit on the rate of interest that may be charged:
A)on loans to corporations.
B)on consumer credit card transactions.
C)on any consumer loan.
D)All of the above.
E)Both (a) and (b).

Question

Quizplus · Accepted Answer

Many states do not impose interest rate limits on loans to corporations and consumer credit card transactions, allowing lenders to charge higher rates in these categories.

Many States Impose No Limit on the Rate of Interest