Susan loaned $2,000 to her minister a year ago. The loan is not evidenced by a note

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Susan loaned $2,000 to her minister a year ago. The loan is not evidenced by a note and does not bear interest. The minister has moved out of town without paying her back. She doesn’t want to embarrass him by asking him to repay the loan.

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Concepts In Federal Taxation 2011

ISBN: 9780538467926

18th Edition

Authors: Kevin E. Murphy, Mark Higgins

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Question Posted: Jul 18, 2024 10:04 AM

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Susan loaned $2,000 to her minister a year ago. The loan is not evidenced by a note

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Concepts In Federal Taxation 2011

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