Uses for a Cash Reserve Include ________

question 39

Multiple Choice

Uses for a cash reserve include ________.

• A) Planned leasehold improvements
• B) Taking advantage of unforeseen opportunities
• C) Routine expenses
• D) Seed capital

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Definitions:

Economic Organization

The structured and systematic arrangement of economic activities and resource allocations within a society or among participants in the economy.

Private Ownership

The legal possession of property by non-governmental entities or individuals, allowing control over its use and the benefits it generates.

Capitalism

An economic system in which productive resources are owned privately and goods and resources are allocated through market prices.

Exchange

The act of giving one thing and receiving another (especially of the same type or value) in return, often referring to the trading of goods, services, or currencies.