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What are the conditions for late payments

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Reference no: EM133263047

You have a friend who has come to you and has asked you for a loan of $3000.00. You decide to go ahead and lend them the money.

What are your considerations?

What should you do in order to make sure you get your money back?

What are the terms of the loan?

What are the conditions for late payments?

Reference no: EM133263047

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