When a Consumer Wants to Compare the Price of One

question 265

Multiple Choice

When a consumer wants to compare the price of one product with another, money is primarily functioning as a

• A) store of value.
• B) unit of account.
• C) checkable deposit.
• D) medium of exchange.

---

Definitions:

Fundamental Breach

A serious violation of a contract that allows the affected party to terminate the agreement and seek damages.

Foreseeable Loss

A loss that a reasonable person could expect to happen as a result of an action or inaction.

Specific Performance

A legal remedy in contract law that requires a party to fulfill their contractual obligations, as opposed to paying damages.

Chrysler 300

A full-size luxury sedan manufactured by Chrysler, known for its powerful engines and elegant design.