https://padlet.com/hannyhamzah13/2ra68n07chtn Give a simple reason. en-us 2016-11-23 03:58:23 UTC 2020-12-17 07:13:35 UTC hello@padlet.com https://padlet-assets.s3.amazonaws.com/icons/Ring.png https://padlet.com/hannyhamzah13/2ra68n07chtn/wish/139508702 190520
CHECKS AND CREDIT CARD ARE NOT MONEY AS THEY ARE NOT IN FORM OF LIQUID ASSET, that is an asset that can be quickly converted to cash or used as cash on that time of using. But checks and credit card are loans that must be settle as we pay the bills.]]> 2016-11-23 05:00:17 UTC https://padlet.com/hannyhamzah13/2ra68n07chtn/wish/139508702 https://padlet.com/hannyhamzah13/2ra68n07chtn/wish/139519798 Because they are not a means of payments. A check is used to transfer a deposit from one person to another while a credit card will lets a person to take out a loan. But, the deposit and the loan are money :)]]> 2016-11-23 07:46:09 UTC https://padlet.com/hannyhamzah13/2ra68n07chtn/wish/139519798 https://padlet.com/hannyhamzah13/2ra68n07chtn/wish/139521353 check is bank to transfer money and credit card is to obtain loan,it must be repaid with money]]> 2016-11-23 07:57:11 UTC https://padlet.com/hannyhamzah13/2ra68n07chtn/wish/139521353 https://padlet.com/hannyhamzah13/2ra68n07chtn/wish/139521690 2016-11-23 08:00:08 UTC https://padlet.com/hannyhamzah13/2ra68n07chtn/wish/139521690 https://padlet.com/hannyhamzah13/2ra68n07chtn/wish/139523232 checks and credit cards are not money as they do not fall under M1 and M2. Credit cards is a loan while checks is a transaction of money from the bank.]]> 2016-11-23 08:10:47 UTC https://padlet.com/hannyhamzah13/2ra68n07chtn/wish/139523232 leeyaloyas https://padlet.com/hannyhamzah13/2ra68n07chtn/wish/139549973 checks and credit cards aren't money because not everything we can buy with that. 
 ]]> 2016-11-23 10:30:38 UTC https://padlet.com/hannyhamzah13/2ra68n07chtn/wish/139549973 https://padlet.com/hannyhamzah13/2ra68n07chtn/wish/139564941 The characteristics of money are durability, portability, divisibility, uniformity, limited supply, and acceptability. Both cheque and credit card are durable, easy to carry around, nonetheless cheque and credit card are not accepted all over the world and have no limited supply ]]> 2016-11-23 11:46:32 UTC https://padlet.com/hannyhamzah13/2ra68n07chtn/wish/139564941 https://padlet.com/hannyhamzah13/2ra68n07chtn/wish/139617673 Cheques is an order to the bank to transfer money while Credit card is  a loan that have to be repaid with money so thats why cheque and credit card is not money.]]> 2016-11-23 16:04:18 UTC https://padlet.com/hannyhamzah13/2ra68n07chtn/wish/139617673 https://padlet.com/hannyhamzah13/2ra68n07chtn/wish/139967648 M1 called narrow money, normally include coins and notes in circulation and other money equivalents that are easily convertible into cash. M2 includes M1 plus short-term time deposits in banks and 24-hour money market funds. Cheque and credit card are not money (not under M1 & M2) because cheque give to the bank transfer into money and credit card purchase is a loan, a promise to pay back in future.]]> 2016-11-26 13:39:33 UTC https://padlet.com/hannyhamzah13/2ra68n07chtn/wish/139967648 https://padlet.com/hannyhamzah13/2ra68n07chtn/wish/139995399 Credit cards and checks are not money.Money must serve as a medium of exchange and as a unit of account.Credit cards function in both of these ways.You can typically use your credit card to buy things.But money must also serve as a store of value.This means that money must hold its value for a long period of time.Credit cards are only a short term loan.Thus, credit cards are not money. While,checks is a  transaction of money from the bank.]]> 2016-11-27 01:44:31 UTC https://padlet.com/hannyhamzah13/2ra68n07chtn/wish/139995399 https://padlet.com/hannyhamzah13/2ra68n07chtn/wish/140005188 credit card is loan that you make and you need to make the payment once you get the statement from credit card 's company.check is an order to bank to transfer money from one account to another account.]]> 2016-11-27 09:12:35 UTC https://padlet.com/hannyhamzah13/2ra68n07chtn/wish/140005188 https://padlet.com/hannyhamzah13/2ra68n07chtn/wish/140005348
checks and credit cards are not money because credit card is a loan and check is an order to the bank but money is the means of payment.]]> 2016-11-27 09:16:31 UTC https://padlet.com/hannyhamzah13/2ra68n07chtn/wish/140005348 https://padlet.com/hannyhamzah13/2ra68n07chtn/wish/140075841 A credit card enables the holder to obtain a loan, but it must be repaid with money. for example, when you want to use the credit cards to buy something, you will use some license to prove yourself. But no one consider that license is money. it is the same with credit cards.]]> 2016-11-28 02:54:44 UTC https://padlet.com/hannyhamzah13/2ra68n07chtn/wish/140075841 https://padlet.com/hannyhamzah13/2ra68n07chtn/wish/140711908 credit cards and checks are not money .for credit cards,they are money lent to you from company.It cerate debt on your credit card if you buy things with it]]> 2016-11-30 04:38:28 UTC https://padlet.com/hannyhamzah13/2ra68n07chtn/wish/140711908 https://padlet.com/hannyhamzah13/2ra68n07chtn/wish/141650528 cheques and credit cards are not money because cheque is an order to ask for the bank to transfer the money while credit card is a loan from company that you need to pay back by the given time. ]]> 2016-12-05 04:03:07 UTC https://padlet.com/hannyhamzah13/2ra68n07chtn/wish/141650528 https://padlet.com/hannyhamzah13/2ra68n07chtn/wish/165661133 2017-04-10 13:16:21 UTC https://padlet.com/hannyhamzah13/2ra68n07chtn/wish/165661133 https://padlet.com/hannyhamzah13/2ra68n07chtn/wish/175351413 2017-06-06 09:32:54 UTC https://padlet.com/hannyhamzah13/2ra68n07chtn/wish/175351413 https://padlet.com/hannyhamzah13/2ra68n07chtn/wish/179253055 2017-07-23 16:34:22 UTC https://padlet.com/hannyhamzah13/2ra68n07chtn/wish/179253055 https://padlet.com/hannyhamzah13/2ra68n07chtn/wish/208588591 2017-11-20 06:03:38 UTC https://padlet.com/hannyhamzah13/2ra68n07chtn/wish/208588591 https://padlet.com/hannyhamzah13/2ra68n07chtn/wish/214063951 2017-12-07 12:03:02 UTC https://padlet.com/hannyhamzah13/2ra68n07chtn/wish/214063951 https://padlet.com/hannyhamzah13/2ra68n07chtn/wish/217638979 Checks and credit cards are not money because they are not a means of payment. A checks is an order to transfer a deposit from one person to another.The deposits are the money but the checks are not. A credit card is an ID card that lets a person take out a loan at the instant he or she buys something. The loan still needs to repaid with money.]]> 2017-12-21 07:34:36 UTC https://padlet.com/hannyhamzah13/2ra68n07chtn/wish/217638979 https://padlet.com/hannyhamzah13/2ra68n07chtn/wish/218132884 185678
check are use to transfer money in bank to other person. credit card is a loan & need to pay back. both are not a means of payment]]> 2017-12-29 04:14:45 UTC https://padlet.com/hannyhamzah13/2ra68n07chtn/wish/218132884 https://padlet.com/hannyhamzah13/2ra68n07chtn/wish/263834660 2018-05-27 06:38:59 UTC https://padlet.com/hannyhamzah13/2ra68n07chtn/wish/263834660 https://padlet.com/hannyhamzah13/2ra68n07chtn/wish/271777219 2018-08-02 13:05:44 UTC https://padlet.com/hannyhamzah13/2ra68n07chtn/wish/271777219 https://padlet.com/hannyhamzah13/2ra68n07chtn/wish/271777221 2018-08-02 13:05:45 UTC https://padlet.com/hannyhamzah13/2ra68n07chtn/wish/271777221 https://padlet.com/hannyhamzah13/2ra68n07chtn/wish/271777228 2018-08-02 13:05:49 UTC https://padlet.com/hannyhamzah13/2ra68n07chtn/wish/271777228 https://padlet.com/hannyhamzah13/2ra68n07chtn/wish/271777230 2018-08-02 13:05:50 UTC https://padlet.com/hannyhamzah13/2ra68n07chtn/wish/271777230 https://padlet.com/hannyhamzah13/2ra68n07chtn/wish/271777234 2018-08-02 13:05:51 UTC https://padlet.com/hannyhamzah13/2ra68n07chtn/wish/271777234 https://padlet.com/hannyhamzah13/2ra68n07chtn/wish/271777235 2018-08-02 13:05:52 UTC https://padlet.com/hannyhamzah13/2ra68n07chtn/wish/271777235 https://padlet.com/hannyhamzah13/2ra68n07chtn/wish/271777239 2018-08-02 13:05:52 UTC https://padlet.com/hannyhamzah13/2ra68n07chtn/wish/271777239 https://padlet.com/hannyhamzah13/2ra68n07chtn/wish/271777242 2018-08-02 13:05:53 UTC https://padlet.com/hannyhamzah13/2ra68n07chtn/wish/271777242 https://padlet.com/hannyhamzah13/2ra68n07chtn/wish/271777244 2018-08-02 13:05:54 UTC https://padlet.com/hannyhamzah13/2ra68n07chtn/wish/271777244 https://padlet.com/hannyhamzah13/2ra68n07chtn/wish/308019388 2018-11-26 20:43:59 UTC https://padlet.com/hannyhamzah13/2ra68n07chtn/wish/308019388 https://padlet.com/hannyhamzah13/2ra68n07chtn/wish/308184497 2018-11-27 10:16:25 UTC https://padlet.com/hannyhamzah13/2ra68n07chtn/wish/308184497 https://padlet.com/hannyhamzah13/2ra68n07chtn/wish/382082453 2019-09-10 12:04:58 UTC https://padlet.com/hannyhamzah13/2ra68n07chtn/wish/382082453 https://padlet.com/hannyhamzah13/2ra68n07chtn/wish/480139236 Gaaa]]> 2020-03-29 07:03:33 UTC https://padlet.com/hannyhamzah13/2ra68n07chtn/wish/480139236 https://padlet.com/hannyhamzah13/2ra68n07chtn/wish/1026861111 2020-12-17 07:13:35 UTC https://padlet.com/hannyhamzah13/2ra68n07chtn/wish/1026861111