This document discusses the composition and functions of blood. It states that blood is composed of plasma, buffy coat, and erythrocytes. Plasma is a straw-colored liquid that contains water and organic/inorganic solids. The main functions of blood include transporting oxygen, nutrients, waste products, hormones and enzymes throughout the body; regulating water balance, temperature and pH; and providing defense against pathogens through white blood cells. Overall, blood serves critical roles in circulation, regulation, protection and more.