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

Question

Quizplus · Accepted Answer

All of these should be included in order to minimize potential confusion or conflict about the terms of the loan. Having a written agreement, stating the interest rate (if any), including a repayment schedule, and specifying the final payment date can help ensure that both parties are on the same page and reduce the likelihood of misunderstandings or disputes.

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