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Norma-Jean [14]
3 years ago
5

You mow your​ neighbor's yard and he pays you​ $25. Which function of money does this BEST​ represent?

Business
2 answers:
elena55 [62]3 years ago
5 0
You mow your​ neighbor's yard and he pays you​ $25. Which function of money does this BEST​ represent? Medium of exchange. The function of money, medium of exchange, is the exchange of money for a good or service. They are facilitating the transaction by paying the neighbor for the lawn cutting service. 


Ivan3 years ago
4 0

Answer:

The correct answer is Medium of Exchange.

Explanation:

There are three Functions of Money. One of the function is Medium of Exchange. Second one is the Store of Value and the Third one is Unit of account.

In this example, the function of the money is represented as the Medium of Exchange. One neighbor mow others neighbor's yard and in exchange of this service, the other neighbor paid $25 to that neighbor who did the service of mowing for him.

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patient information might no longer be kept confidential

Explanation:

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Renting a car and paying $15 per day plus $.03 per mile driven is an example of what type of cost?
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A negotiable instrument can function as a substitute for cash.
andreyandreev [35.5K]

1.A negotiable instrument can function as a substitute for cash.- TRUE

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5 0
2 years ago
The diagnostic process is _____. a systematic approach to understand the organization none of the answers performed exclusively
Nutka1998 [239]

Answer:

A. a systematic approach to understand the organization

Explanation:

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The diagnostic process is a systematic approach to understand the organization because it involves critically studying all its aspects and areas.

Hence, the information gathered through the diagnostic process can be used by the management to facilitate its decision-making process and its competitive advantage.

3 0
2 years ago
Patsy possesses twenty-four acres of remote, rugged land. Patsy has the right to use the property, in¬cluding extracting silver
GenaCL600 [577]

Answer:

C. life estate

Explanation:

A life estate is an estate interest in land that lasts for the life time of the life tenant. The holder of a life estate has a full right to possess the property during their life. A life estate is restrictive in that it prevents the beneficiary from selling the property that produces the income before the beneficiary's death. But the estate cannot continue beyond the life of the beneficiary.  A major benefit of a life estate deed is that it can be used to pass property upon the life tenant's death without it being part of the life tenant’s estate.  

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