Two of the Primary Motives for a Firm to Hold

question 19

True/False

Two of the primary motives for a firm to hold cash are the transaction motive and the precautionary motive.

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Definitions:

Crowd

A large number of individuals gathered together, often with a common purpose or intent.

Basic Growth Tendencies

The fundamental patterns or directions that development and growth typically follow in organisms.

Genetically Wired

Predetermined or influenced by one's genetic makeup or DNA.

Development Periods

Distinct phases in the lifespan characterized by unique physical, psychological, or cognitive changes, such as infancy, childhood, adolescence, and adulthood.