Which of the Following Is Not One of the Three

question 60

Multiple Choice

Which of the following is not one of the three purposes served by money?

• A) Serving as a medium of exchange.
• B) Serving as a store of value.
• C) Providing a means for regulators to track economic activity.
• D) Providing a standard of value.

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Definitions:

Unintentional

An action or outcome that occurs without a deliberate plan or purpose.

Materially False

Statements or representations that are significantly untrue or misleading, often in a legal or financial context.

Misrepresentation

The act of providing false or misleading statements that induce someone to enter into a contract.

Legal Misrepresentation

An untrue assertion of reality presented by one individual to another, resulting in the latter being persuaded to enter into an agreement.