The Requirement of a "Double Coincidence of Wants" Is the Chief

question 147

Multiple Choice

The requirement of a "double coincidence of wants" is the chief __________ of the __________ exchange system.

• A) advantage; barter
• B) advantage; monetary
• C) disadvantage; barter
• D) disadvantage; monetary

---

Definitions:

Outstanding Shares

The total number of shares of a corporation's stock that are currently owned by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company’s officers and insiders.

Corporation

A legal entity owned by shareholders, with the characteristic of limited liability, and capable of owning assets, suing or being sued.

Charter

A charter is a legal document that establishes a corporation or municipality and defines its rights, privileges, and purposes.

Total Stockholders' Equity

The total value of a company's assets minus its liabilities, representing the equity stake of investors in the company.