Sophia is a small unincorporated area in central Randolph County in the U.S. state of North Carolina. It is located along U.S. Highway 311, just northwest of the route's intersection of with I-73/I-74/US 220 and southeast of Archdale, North Carolina. It is the location of WGHP-TV's (Fox 8) television transmitter tower. In the late 1990s and early 2000s, Sophia citizens protested the North Carolina Department of Transportation (NCDOT) on its plan to route I-74 through the center of town, essentially removing the community from existence. After a hearing with locals, the NCDOT decided to shift the planned corridor about 1 mile to the north.

What is banking and finance law?

Banking & Finance Law involves individuals and businesses in transactions with federal and state-chartered financial institutions -- including issues related to bank accounts, negotiable instruments, loans, interest rates, regulatory compliance, taxes, and more. Banking and finance law applies to those individuals and institutions that lend or borrow money. Lenders typically include banks, leasing companies, finance companies and other financial institutions. Borrowers are individuals, corporations, institutions or the government.