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Question XIII
A. A commercial bank wants to acquire shares in a cement manufacturing company. Do you think it can do that? Why or why not? (2%)
B. A court found the interest charged by a bank as excessive and unconscionable and struck down the contractual stipulation on interest. If you were the judge, what would you impose as the applicable interest rate? State your legal basis. (2%)
C. What is the single borrower's limit? (2%)
Model answer · ALAC
Answer — Legal basis — Application — Conclusion.
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