A. measure of value
B. standard of value
C. means of settlement
D. durable asset for doing business
Correct Answer:
Option A – measure of value
Explanation
Money, a commodity accepted by general consent as a medium of economic exchange. It is the medium in which prices and values are expressed
300 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…
200 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…
200 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…
200 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…
200 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…
200 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…