Which of the Following Correctly Describes the Precautionary Motive for Holding

question 22

Multiple Choice

Which of the following correctly describes the precautionary motive for holding money?

• A) It reflects the fact that money payments and money receipts are not perfectly synchronized.
• B) It reflects the need to hold money in order to diversify risk.
• C) It reflects the need to hold money to pay for daily transactions.
• D) It reflects the need to hold money due to uncertainty.

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Definitions:

Actual Confusion

A situation in trademark law where consumers mistakenly believe there is a connection between two parties’ products or services.

Likelihood Of Confusion

A standard used in trademark law to assess whether a trademark is so similar to an existing one that it could confuse customers.

Service Mark

A trademark used to identify and distinguish the services (rather than goods) offered by one entity from those of others.

Arbitrary Or Fanciful

Describes trademarks that are entirely invented or have no direct connection to the product or service they represent.