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Bess [88]
3 years ago
7

101d Discuss whether or not gold rings can carry out the functions of money. (8)​

Business
1 answer:
lana66690 [7]3 years ago
8 0

Answer:

Money is called any element that works in a given territory as a method of exchange of wealth and as a reserve of value, that is, it can be exchanged between individuals for other goods, and that in turn can be accumulated by each individual to add to your personal wealth. In this context, almost any item that has been commonly accepted as having these characteristics can be considered money. However, there are circumstances in which, either due to their lack of storage practicality, or their high value in itself, certain elements escape this possibility. This is the case of a gold ring, whose excessively high value and the impossibility of its fractionation take away the possibility of being used as a method of exchange.

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malfutka [58]

Answer:

A firm's optimal capital structure occurs where WACC is minimized and stock price is maximized.

The correct answer is D

Explanation:

Optimal capital structure exists where the market value of a firm is maximum and WACC is minimum. Optimal capital structure relates to net income approach to capital structure.

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4 years ago
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Answer:

C. a long-term loan from a bank

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3 years ago
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12345 [234]

Answer:

False.

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4 0
4 years ago
If a broker as agent with an exclusive listing receives two offers for the same house at the same time—one from his salesperson
Andrej [43]

Answer:

submit both offers.

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The broker should submit both offers to the client who will decide which one he will pick.

When receiving the offer from the salesperson of the cooperating broker he may be tempted to only submit the offer from his own salesperson.

The broker must act in the interest of the client and submit both offers.

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