Which Company Most Likely Relies Almost Solely on B2B Transactions

question 557

Multiple Choice

Which company most likely relies almost solely on B2B transactions in their course of business?

• A) Shipping company
• B) Cleaning services company
• C) Chemical supply company
• D) Retail company

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Definitions:

Money Supply

The entire sum of available monetary assets in an economy, comprising cash, coins, and the amounts held in checking and savings accounts, at a specific point.

Standard of Value

A recognized measure that is used to set the value of financial transactions, assets, or liabilities, enabling comparability across different entities or time periods.

Backed by Gold

Historically, refers to currencies that were directly convertible into a specified amount of gold, under the gold standard.

Precautionary Motive

The desire to hold liquid assets as a safeguard against unforeseen emergencies or as a precaution against future financial uncertainties.