The loan sharks propose legislation to promote the industry
Course:- Corporate Finance
Reference No.:- EM131220980

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Suppose that loan sharks propose legislation to promote their industry. They want a legal right to break the kneecaps of loan defaulters.

a. Suppose you were hired as a lobbyist for the loan sharks. What arguments could you make to support their proposal?

b. How would you respond to these arguments if you oppose kneecap breaking?

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