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Questions and Answers
What are the three elements of a lottery according to the text?
What are the three elements of a lottery according to the text?
- Prize, chance, consideration (correct)
- Prize, certainty, consideration
- Prize, skill, consideration
- Prize, luck, consideration
What is the definition of usury according to the text?
What is the definition of usury according to the text?
- Lending money at a rate lower than the state’s maximum allowable rate
- Lending money at a fixed rate
- Lending money without interest
- Lending money at a rate higher than the state’s maximum allowable rate (correct)
Which of the following is an example of obstructing legal procedures?
Which of the following is an example of obstructing legal procedures?
- Paying court fees on behalf of the defendant
- Paying expert witnesses in a trial to testify
- Compensating legal advisors for their services
- Paying non-expert witnesses in a trial to testify (correct)
What is the legal rate of interest according to the text?
What is the legal rate of interest according to the text?
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What is a competency license according to the text?
What is a competency license according to the text?
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