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Baxter's,Inc

Question 8

Multiple Choice

Baxter's,Inc.generally holds $125,000 in cash in case an unexpected investment opportunity arises.Which one of the following refers to holding cash for this type of purpose?


A) Precautionary motive
B) Opportunistic motive
C) Speculative motive
D) Reserve motive
E) Transaction motive

Correct Answer:

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