Which one of the following is not a store of value?
A)credit cards
B)personal chequable deposits
C)fixed term deposits
D)non-personal chequable deposits
E)non-chequable deposits

Question

Quizplus · Accepted Answer

Credit cards are not a store of value as they do not hold any monetary value on their own. They are simply a means of accessing credit or borrowing money, and the value depends on the amount of credit available to the user. Personal chequable deposits, fixed term deposits, non-personal chequable deposits, and non-chequable deposits are all stores of value as they hold a specific amount of money that can be accessed later.

Which One of the Following Is Not a Store of Value