All of the Following Are Criteria for Something to Be

question 184

Multiple Choice

All of the following are criteria for something to be considered as money except

• A) divisibility.
• B) stability.
• C) durability.
• D) portability.
• E) value.

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Definitions:

Breach Contracts

Actions or failures to act that violate the terms of a legally binding agreement, leading to legal consequences for the breaching party.

Intent

A person's plan or purpose to carry out a specific action, often regarded as a crucial element in determining the legal ramifications of that action.

Obsolete

Refers to something that is out-of-date or no longer in use, typically because it has been superseded by newer, more efficient alternatives.

Misrepresented Solvency

The incorrect presentation or falsification of a company's financial stability or ability to meet its debts.