Which of the Following Is Not One of the Benefits

question 5

Multiple Choice

Which of the following is not one of the benefits of having a contract in writing?

• A)It provides reliable evidence of the terms of the contract.
• B)It proves that the contract was negotiated fairly.
• C)It makes the parties take the contract seriously.
• D)It proves the existence of the contract.

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Definitions:

Money Supply

The overall financial capital available in an economy at a particular moment.

Discount Rate

The interest rate charged to commercial banks and other financial institutions for the loans they receive from the central bank's discount window.

Reserve Requirement

Regulations set by central banks determining the minimum amount of reserves each bank must hold as a proportion of its deposits.

Protection Against Inflation

Strategies or financial instruments designed to safeguard an individual's or entity's purchasing power from the erosion effects of inflation.