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A(n)________ Only Transfers Control from the Sender to the Recipient

question 85

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A(n) ________ only transfers control from the sender to the recipient without describing the details of the communication.


Definitions:

Store of Value

An asset that can be saved, retrieved, and exchanged in the future without depreciating significantly.

Fiat Money

Paper money that is not backed by or convertible into any good; it is money because the government says it is money.

Medium of Exchange

A facilitating device or arrangement employed to assist in the transactions of buying, selling, or trading items between entities.

Legal Tender

Currency that must be accepted if offered in payment of a debt, by law.

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