Bill bulge owned a grocery store in missouri. in order to finance some inventory, he borrowed $3000 from big bucks bank. the written agreement called for 20% interest to be paid at a time when long term government bond yields were 12%. at maturity, bill refused to pay anything because he said the bank was guilty of usury. will bill have to pay anything?
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Bill bulge owned a grocery store in missouri. in order to finance some inventory, he borrowed $3000...
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