Business, 15.04.2020 01:32 vanleervanleer

Come On In Cafe signs an agreement with Bills Bank to borrow $50,000 at 30 percent interest. Later, the state legislature passes a law lowering the maximum permissible rate of interest to 20 percent. Come On In's best argument for avoiding payment to Bills Bank is that:.

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Come On In Cafe signs an agreement with Bills Bank to borrow $50,000 at 30 percent interest. Later,...