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.

Question

Quizplus · Accepted Answer

Borrowing money from family members can lead to complications in family relationships due to disagreements over repayment terms, misunderstandings, or the emotional burden of owing money to a loved one.

One of the Drawbacks of Borrowing from Parents or Family