Class 1 Review

A business is a

_______________ is the money remaining or left over after the costs of production, distribution and taxes have been paid.

'Representative money' was accepted because the emperor's seal and signature was placed on it.

• TRUE

• FALSE

A business organization is formed when a person or group of persons uses resources to provide _________ and __________ with the views of making a __________.

A credit card carry your personal money

E- money is

An alternate name for the term 'instrument of exchange' is

A bill of exchange is,

Bartering

state the some means of exchange before bartering came in existence