Multiple Choice
One of the drawbacks of borrowing from parents or family members is that such loans:
A) tend to be more expensive than other types of loans.
B) must be interest-free.
C) can complicate family relationships.
D) are limited to oral agreements.
E) are legally prohibited from establishing repayment dates and terms.
Correct Answer:

Verified
Correct Answer:
Verified
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Q6: Which one of the following financing methods
Q7: When more than one payment is made
Q8: Which formula dictates that you pay more
Q10: Which of the following is not true
Q11: Which of the following is/are a signal
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Q13: All loans to or from family members
Q14: You can often obtain medium-priced loans from:<br>A)parents