If a Person Writes a Cheque on a Saskatoon Bank

question 3

Multiple Choice

If a person writes a cheque on a Saskatoon bank to purchase a new car,he or she is employing money as:

• A)a means of exchange
• B)a store of purchasing power
• C)a measure of value
• D)an income-earning asset
• E)a standard of deferred payments

---

Definitions:

Stakeholders

Individuals or groups with a direct or indirect interest in an organization and its activities, including employees, customers, suppliers, and investors.

Marketplace

Any physical or digital location where goods and services are exchanged between buyers and sellers.

Conscious Marketing

An ethical approach to marketing that acknowledges a company's broader responsibilities and the impact of its practices on customers, society, and the planet.

Social Responsibility

The obligation of individuals, organizations, or businesses to act for the benefit of society at large.