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One of the Drawbacks of Borrowing from Parents or Family

Question 16

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) may create tension within the family.
D) are limited to oral agreements.
E) are legally prohibited from establishing repayment dates and terms.

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