Which of the Following Is One of the Key Characteristics

question 92

Multiple Choice

Which of the following is one of the key characteristics required in order for money to be an acceptable medium of exchange?

• A) portability
• B) profitability
• C) divisibility
• D) distributability

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Definitions:

Consumers

Individuals or groups who purchase goods and services for personal use.

Consumer Packaging

The packaging used for goods that are intended for retail sale, with considerations for marketing, protection, and information.

Labelling Act

Legislation that mandates the disclosure of information on the packaging of consumer products to ensure transparency and consumer safety.

Unconscionable Transactions Relief Act

Legislation providing remedies against agreements made under unfair conditions.