Which of the Following Counts as Part of Money

question 325

Multiple Choice

Which of the following counts as part of money?

• A) $10,000 in gold bars
• B) $10,000 in government bonds
• C) $10,000 in a checking account
• D) $10,000 in corporate bonds

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Definitions:

Bilateral Contract

A legal agreement where each party promises to perform an act in exchange for the other party's act.

Express Contract

A contract in which both parties accept mutual obligations through either oral discussion or written communication.

Web Page

A document on the World Wide Web that can contain text, images, links, and multimedia content, accessible through a web browser.

Mutual Assent

Mutual assent is a principle in contract law that states an agreement must involve a clear offer and acceptance between parties to be legally binding.