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Which of the Following Are Recommended If You Loan Money

Question 61

Multiple Choice

Which of the following are recommended if you loan money to a friend or relative?


A) Do it in a business-like fashion.
B) Charge interest if the loan is not to be quickly repaid.
C) Be sure both parties understand it is a loan, not a gift.
D) Lend only money you can afford to give away.
E) All of the above

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