Which of the following occurs when a party gives a

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South-Western Federal Taxation 2020: Comprehensive
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Chapter 5 / Exercise 6
South-Western Federal Taxation 2020: Comprehensive
Maloney/Raabe/Young
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38. Which of the following occurs when a party gives a loan at an interest rate exceeding the legal maximum?
39. Which of the following is the maximum interest rate?
40. How many states engage in at least some regulation of gambling?
41. Which of the following is a term for laws that limit the types of business activities in which parties may legally engage on Sundays?
42. Bob is hired to do computer sales for an electronics store. He agrees that if he leaves his employment, he will not work for another computer store within 25 miles for a period of two years. That type of agreement is called a[n] ______.
43. The term ______ refers to the fact that an agreement is so unfair that it is void of conscience.
44. A party who claims that he or she could not understand contractual terms because of tiny, hard-to-read print on the back of an agreement and the excessive use of legalese is referring to which of the following?
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South-Western Federal Taxation 2020: Comprehensive
The document you are viewing contains questions related to this textbook.
Chapter 5 / Exercise 6
South-Western Federal Taxation 2020: Comprehensive
Maloney/Raabe/Young
Expert Verified
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45. Which of the following involves overly harsh or lopsided substance in an agreement?
46. A[n] ______ contract is a contract created by a party to an agreement thatis presented to the other party on a take-it-or-leave-it basis.
47. A statement releasing one of the parties to an agreement from all liability, regardless of who is at fault or what the injury suffered is, would be referred to as a[n] ______.
48. In the law, when both parties are equally responsible for an illegal agreement, it is known as ______.
49. Which of the following are contracts that contain multiple parts which caneach be performed separately?
50. A[n] ______ contract is one requiring complete performance by both parties, even if it appears as if the contract contains multiple parts.

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