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faust18 [17]
2 years ago
6

Please help me please no links or will be reported ​

English
2 answers:
Agata [3.3K]2 years ago
6 0

Answer:

A loan agreement not only details the terms of the loan, but it also serves as proof that the money, goods, or services were not a gift to the borrower. That is important because it prevents someone from trying to get out of repayment by claiming this, but it can also help you ensure that it is not an issue with the IRS later.

I got this online form Legal Nature

vovangra [49]2 years ago
6 0
Loan agreements are an important part of borrowing money; they protect both the borrower and the lender. A loan agreement spells out the details of the transaction, including the loan amount, the interest rate, and the terms. Hope this helps!
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exis [7]

Answer:

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Explanation:

When people make a rule they like to stick to stick with it, so if they were to have English say as an example and use the word stick, they would not like for you to say it any other way because its how it says it in the rule book"dictionary"

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