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2 Written questions

2 Multiple choice questions

  1. absence of knowledge of any defects or problems.
  2. contract offered by a dominant party to a party with inferior bargaining power on a take-it-or-leave- it basis.

2 True/False questions

  1. public policylending money at an interest rate that is higher than the maximum rate allowed by law.


  2. usuryany plan by which a consideration is given for a chance to win a prize; it consists of three elements: (1) there must be a payment of money or something of value for an opportunity to win, (2) a prize must be available, and (3) the prize must be offered by lot or chance.