Question

Immediate family members who can borrow funds without approval include: ________________.

A) Spouses only
B) Children only
C) Parents only
D) Spouses, children, and parents
E) No immediate family members are allowed to borrow without approval

Answer 1

Immediate family members who can borrow funds without approval include spouses, children, and parents.

Step-by-step explanation:

In the financial capital market, immediate family members who can borrow funds without approval include spouses, children, and parents. These individuals are considered to have a close relationship to the borrower and are typically trusted by the bank to repay the money. However, it is important to note that each bank may have its own policies and requirements regarding borrowing funds without approval.