Can the lender have a valid reason to sue the defaulter

Assignment Help Business Law and Ethics
Reference no: EM131071548

If a money-lender charges an interest rate that is abnormally high the country's law rate and a borrower defaults payment, can the lender have a valid reason to sue the defaulter? What would the court rule in view that the lender has contravened laws and the borrower has defaulted?

Reference no: EM131071548

Questions Cloud

What is the legal basis for the court jurisdiction : What is the legal basis for the court's jurisdiction over BB Inc. (i.e., what type of jurisdiction exists over BB, Inc.)
In which countries or contexts does this arise : What is meant by culture of compliance. Is the concept applied consistently? In which countries or contexts does this arise? Is it likely to continue to be a factor in regulatory or ethical decisions? What can one do within an organization to foster ..
Training a group of workers : When training a group of workers, what are some of the physical indicators that tell you whether or not a group is no longer attentive?
The brand new-young worker : In terms of New and Young Staff member Training, employers are required to orientate and teach all staff "before" work begins, on safe work procedures, and hazards related to the position.
Can the lender have a valid reason to sue the defaulter : If a money-lender charges an interest rate that is abnormally high the country's law rate and a borrower defaults payment, can the lender have a valid reason to sue the defaulter
Two firms that produce sulfur dioxide emissions : Suppose there are two firms that produce sulfur dioxide emissions, Firm A and Firm B. Each firm emits 30 tons of sulfur dioxide per year. The cost of reducing one ton of sulfur is $200 for Firm A and $250 for Firm B. If Firm B emits 60 tons of sulfur..
Identify the staffing needs required to execute your plan : Explain a plan for addressing the challenge or opportunity and how it will improve public health - Identify the staffing needs required to execute your plan.
Explain the term business process : Explain the term Business process re-engineering and outline three features?
Represent pareto improvements over the initial allocation : Consider a small barter economy with only two individuals, John and Mark. John’s preferences for the two available goods (x and z) are given by. Draw the Edgeworth box for this economy including example indifference curves for each individual and the..

Reviews

Write a Review

Business Law and Ethics Questions & Answers

  You have decided to speak with the prosecutor mary on

you have decided to speak with the prosecutor mary on behalf of maureen the college student who was the victim of

  What are business ethics and what is social responsibility

What are "business ethics"? From a business perspective, what is "social responsibility"? Where do ethics and social responsibility come from within an organization?

  Discuss the legal environment

Discuss the legal environment (i.e., policies, regulations, and laws) and its impact upon how an organization (e.g., business, government agency, nonprofit) ensures the confidentiality, integrity, and availability of information and information sy..

  Can patty obtain payment on the death of quinn

Five years later, Quinn dies and the house is destroyed in a fire. Can Patty obtain payment on either the death of Quinn or the loss of the house? Explain in detail

  Identify the duties and rights of the parties in an

research the legal issues associated with terminating employees and prepare an executive-level paper that addresses the

  If you have not done so already you probably are beginning

if you have not done so already you probably are beginning to realize that the constitution is somewhat vague in

  Selection process for service on the us supreme court

Explain the selection process for service on the U.S. Supreme Court, and offer four specific recommendations to make the process less political

  Can you distinguish between power and authority since both

1 when did you first become aware that you had a philosophy or worldview that created in you a passion for the law or

  What is your best legal thought line of inquiry

Carlos applies for a programmer job, but he is sight impaired to a serious degree. He must have his service dog with him at all times, whether he is inside a building or out, at a meeting with clients or working on his own. Sarah works directly ..

  Explain whether the us government should do more to

in reviewing all of the consumer protections identified in determine the two most essential means of protection for

  Can amos enforce the contract

Amos was the sales manager for Plenty Company, a turkey-packing company. As a member of the management group, Amos was consulted on all phases of the business. Can Amos enforce the contract

  One of the most important cases ever decided by the us

one of the most important cases ever decided by the u.s. supreme court is brown vs. board of education. in your opinion

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd