The Key Participants in Financial Transactions Are Individuals, Businesses, and Governments

question 70

Multiple Choice

The key participants in financial transactions are individuals, businesses, and governments. Individuals are net ________ of funds, and businesses are net ________ of funds.

• A) demanders; suppliers
• B) users; providers
• C) suppliers; demanders
• D) purchasers; sellers

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Definitions:

Berne Convention

An international agreement governing copyright protection, offering creators of copyrighted works protection across member countries.

Signatories

Individuals, parties, or entities that have signed a document.

Trade Secrets

Information that is not known to the public, confers a competitive advantage to its holder, and is subject to reasonable efforts to maintain its secrecy.

Customer Lists

Refers to compilations of information about clients or customers that a business uses for contact, marketing, or strategic purposes.