What would be some of effects of enforcing such regulations

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Assignment:

I need some assistance with this question: Medieval Bankers became rich making interest free loans. What are other legitimate business transactions that a lender could use to camouflage an interest-bearing loan. Also discuss the kind of regulations that would be needed to ensure that the prohibition on charging interest was adhered to in spirit as well as in letter. What would be some of the effects of enforcing such regulations?

Reference no: EM133683727

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