In Order to Minimize Complications, All Loans to and from Family

question 5

Multiple Choice

In order to minimize complications, all loans to and from family members should

• A)be in writing
• B)state the interest rate, if there is an interest rate
• C)include a repayment schedule
• D)include the final payment date
• E)all of these should be included

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Definitions:

Imitation

The action of using someone or something as a model and attempting to replicate their behavior or actions.

Applying Lipstick

The act of applying a cosmetic product to the lips, typically to add color, texture, or protection.

Crayon

A stick of colored wax, charcoal, chalk, or other material used for writing, drawing, or coloring.

Symbolic Tool

A tangible or conceptual tool used to represent or stand for something else, aiding in communication, thought processes, or solving problems.