Which of the Following Is NOT One of the Criteria

question 95

Multiple Choice

Which of the following is NOT one of the criteria for a commodity to serve as money?

• A) The commodity must be durable.
• B) The commodity must be accepted by many people as money.
• C) The commodity must be issued as currency or coin.
• D) The commodity must be standardized.

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Definitions:

Thirty Days

A period of time consisting of 30 consecutive days.

Depositor's Ability

The capacity of a depositor to make deposits or conduct other transactions with a bank or financial institution.

Clears

typically refers to the process by which transactions are settled or reconciled between parties in trading or financial contexts.

Hold

A directive to keep, reserve, or delay an action or transaction, often used in financial and organizational contexts.