Abstract: A multi-function blade-and-anvil type cutting tool that uses standard type razor blades includes a blade-and-anvil section connected to a first handle portion and a non-tool blade holder and a blade clamp assembly connected to a second handle portion. The standard blades are able to be changed with out tools when the first and second handle portions are moved from a first open position to a second open position to allow the blade holder and the clamp assembly to pivot with one another causing a screw and O-ring latch to move away from a latching slot in the second handle portion. This movement positions the razor blade between the screw and O-ring latch and a blade clamp guide element for easy removal. Each handle portion having a gripping cover disposed thereon. One of the handle portions has a sliding storage tray disposed therein for storing replacement razor blades.