AJ's Market Generally Holds $50,000 in Cash in Case an Unexpected

question 6

Multiple Choice

AJ's Market generally holds $50,000 in cash in case an unexpected investment opportunity arises.This is an example of the ____ motive for holding cash.

• A)precautionary
• B)opportunistic
• C)speculative
• D)reserve
• E)transaction

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Definitions:

Service Brakes

The primary braking system used during normal vehicle operation, enabling a driver to reduce speed or bring the vehicle to a stop.

Timing

The procedure used to time interacting mechanical components. See timing marks.

Power Screw

A mechanical device used to convert rotary motion into linear motion, commonly used in machinery for lifting, pressing, or clamping actions.

Foundation Brakes

The main components of a vehicle's brake system directly responsible for slowing or stopping the vehicle, including elements like the brake pads, rotors, and drums.