Question 6 Which of the following statements best describes financial instruments? Answer a. All financial instruments are a means of payment b. Financial instruments can transfer resources between people but not risk c. Financial instruments can transfer resources and risk between people d. Financial instruments can transfer risk but not resources between people

Question 6
Which of the following statements best describes financial instruments?
Answer
a. All financial instruments are a means of payment
b. Financial instruments can transfer resources between people but not risk
c. Financial instruments can transfer resources and risk between people
d. Financial instruments can transfer risk but not resources between people

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