Examlex

Solved

What Are the Three Functions That a Commodity Must Fulfill

question 56

Essay

What are the three functions that a commodity must fulfill to be useful as money?


Definitions:

Breach

The violation or non-fulfillment of a legal obligation, contract, duty, or standard.

Recover

Refers to the process of getting back lost or inaccessible data or functions from damaged or failed hardware or software.

Construction

A process of building, engineering, or assembling infrastructure and buildings.

Compensatory Damages

Monetary awards to a plaintiff to compensate for a loss, injury, or harm suffered as a result of another's breach of duty or negligence.

Related Questions