Which of the following are false regarding financial instruments and money a) Financial instruments can function...

Which of the following are false regarding financial instruments and money

a) Financial instruments can function as a means of payment and a store of value

b) Money can function as a means of payment and a store of value

c) Financial instruments allow for the transfer of risk between buyer and seller.

d) Money allows for the transfer of risk between buyer and seller.

Expert Solution

The false statement is:-

d) Money allows for the transfer of risk between buyer and seller.

jeff jeffy answered 2 years ago

Briefly explain one function of financial instruments that can make them very different from money.

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