Holding Money as a Store of Wealth Has the Advantage

question 18

Multiple Choice

Holding money as a store of wealth has the advantage of being useful as a medium of exchange.The disadvantages of holding your wealth in the form of money are that it

• A) may be stolen or lost,and people may think you're a smuggler or drug dealer.
• B) is difficult to trace,and may be lost or stolen.
• C) may be lost or stolen,and usually pays no interest.
• D) pays no interest,and it is difficult to trace.
• E) pays no interest,and people may think you're a smuggler or drug dealer.

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Definitions:

Merchant

An individual or business entity engaged in the sale and purchase of goods for profit.

Consideration

A legal concept that refers to something of value exchanged between parties to form a binding contract.

Article 2

Article 2 of the Uniform Commercial Code (UCC) deals with the sale of goods, providing guidelines and rules for transactions involving the purchase and sale of goods.

Stocks And Bonds

Financial instruments, with stocks representing ownership in a company and bonds being loans made to a corporation or government.