Which One of the Following Is the Need to Hold

question 34

Multiple Choice

Which one of the following is the need to hold cash simply as a financial reserve?

• A)activity motive
• B)speculative motive
• C)precautionary motive
• D)opportunistic motive
• E)transaction motive

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Definitions:

Spouses

Partners in a marriage or marital-like relationship, legally recognized in many jurisdictions.

Moral Hazard

Moral hazard occurs when one party to an agreement engages in risky behavior or fails to exercise responsible care because this party knows another bears the consequences.

Tenure

The duration or period of time a person holds a particular position, job, or place of living.

Accomplished Teachers

Educators who have achieved a high level of expertise and excellence in their teaching practices.