The Official Definitions of Money Can Include All of the Following

question 4

Multiple Choice

The official definitions of money can include all of the following except

• A)currency outside banks.
• B)personal chequable deposits.
• C)non-chequable deposits.
• D)deposits at trust and mortgage loan companies.
• E)cheques.

---

Definitions:

Cooling-Off Period

A time interval during which a buyer can decide to cancel a contract without incurring any penalty.

Purchase Transactions

Purchase transactions refer to the process of buying goods or services, encompassing all the activities from the decision to buy through to the receipt and payment for the products or services.

Consumer Protection Legislation

Laws and regulations established to ensure the rights of consumers are protected and to prevent unfair trade practices.

Canadian Standards Association

A non-profit organization in Canada that develops standards for a wide range of products and services.