(WILL MARK BRAINLIEST)
Malik's grandfather has loaned him $110,000 toward opening a restaurant and has told Malik that the loan is interest-free. Why might this be a problem?
Question options:
A) The loan is for too much money.
B) Malik shouldn't borrow money from his relatives.
C) The IRS requires that all loans for more than $100,000 be at market-rate interest.