Savings Deposits Are

question 69

Multiple Choice

Savings deposits are

• A) part of M1 but not part of M2.
• B) part of both M1 and M2.
• C) not part of M1 but are part of M2.
• D) not part of either M1 or M2.

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Definitions:

Liable

Legally responsible or obligated to do something, particularly paying compensation for harm or damage.

Requirements Contract

A contract in which one party agrees to purchase all of its required goods or services from the other party.

Exclusive Dealing Contracts

Agreements where a retailer or distributor is obligated to buy from only the contracted supplier, thereby limiting the retailer's ability to purchase from other vendors.

Sufficient Consideration

A vital element in contract law, referring to something of value exchanged between parties that is necessary to form a legally binding agreement.