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Only money can be use as …

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Only money can be use as mode of deferred payment.give reason
  • 3 answers

Rashi .J 5 years, 3 months ago

Thnks...

Anuj Mandelia 5 years, 3 months ago

Thanks yogita

Yogita Ingle 5 years, 3 months ago

Standard of deferred payment is the secondary function of money. Standard of deferred payments means that money can be used to make future payments.  This implies that wealth in the form of money can be stored easily as a medium of exchange for future use.  

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