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Merchants selling goods on credit to low-income customers often charge a very high rate of interest. The reasoning is that because low-income individuals are statistically more likely to default on loans, creditors must charge a high interest rate to protect themselves against the increased risk of default. If sellers are not allowed to charge high interest rates on credit purchases, low-income buyers will not be able to buy goods on credit.
How should a manager balance the need of low-income individuals to buy goods on credit with the need of businesses to make a profit? Is it ethical to charge such high rates of interest? Should there be a limit to what a seller can charge for credit purchases?
Occupy Wall Street is the most significant social movement to utilize transgressive protest tactics in the United States in the last forty years
Law Case Summary- Case- Nippon Steel Corporation v. United States
you have been asked to participate in a local radio program to address the role of corrections in the community. the
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1 which of the following is not true?a. a minor can still disaffirm a contract for a reasonable time after reaching
BOB lives in and owns a business in Washington State selling coffee at a retail store called Northwest Grinds. What tort claims does AMY likely have against BOB
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dale and mike parak were twin brothers and best friends. they spent their entire lives looking out for each others
Explain in detail the two-pronged and totality-of-circumstances tests to determine the trustworthiness of informants evidence. What do the courts use today?
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