When We Keep Part of Our Wealth in a Bank

question 48

Multiple Choice

When we keep part of our wealth in a bank cheque account, we are using money as a

• A) unit of currency.
• B) medium of exchange.
• C) barter token.
• D) unit of account.
• E) store of value.

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Definitions:

Negative Messages

Negative messages convey unfavorable information, rejections, or feedback, often requiring careful wording to maintain professionalism and sensitivity.

Business Transactions

Financial or commercial activities that occur between two or more parties.

Customer's Expectations

The set of assumptions or desires that a customer has regarding the level of service or product quality from a business.

Defamation

The act of damaging someone's reputation by making false and harmful statements.