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Which of these is an example of usury?

A. A borrower does not pay back a loan on time.
B. A borrower uses the funds received from a lender.
C. A lender charges a borrower an interest rate that is excessively high.
D. A private lender provides a borrower with money for a real estate purchase.



Answer :

GinnyAnswer

Final answer:

Usury involves charging exorbitant interest rates on loans, with examples including lenders charging excessively high interest rates.


Explanation:

Usury refers to charging excessively high interest rates on loans. An example of usury is when a lender charges a borrower interest rate that is significantly above what is considered appropriate or fair.


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