Which of the Following Is NOT Among the Primary Functions

question 64

Multiple Choice

Which of the following is NOT among the primary functions of money?

• A)Store of value
• B)Unit of account
• C)An object that is generally accepted in return for goods and services
• D)Medium of exchange
• E)Indicator of supply

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Definitions:

Sales Contract

A legally binding agreement between a buyer and seller which outlines the terms of sale for goods or services.

Car Dealership

A business that sells new or used cars at the retail level, based on a dealership contract with an automaker.

Ownership Utility

The value or satisfaction an individual gains from having control over a product or item and the ability to use it as desired.

Salesperson

An individual employed to represent a company and its products or services, aiming to sell and promote them to customers.