Rank the Following Items in Terms of Most Liquid to Least

question 105

Multiple Choice

Rank the following items in terms of most liquid to least liquid.

• A) checkable deposits, cash, an office building your father owns
• B) cash, credit card, money market mutual funds, checkable deposits,
• C) cash, checkable deposits, savings deposits, an office building your father owns
• D) cash, Microsoft stock certificates you own, checkable deposits

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Definitions:

U.S. Court System

The judicial branch of the United States government, comprising federal courts that interpret the law, resolve disputes, and decide cases under U.S. law.

Politics Influence

The impact that politics and governmental policies have on decision-making processes and social and economic outcomes.

Judicial Review

A process by which courts evaluate the constitutionality of legislative acts or government actions.

Marbury V. Madison

A landmark Supreme Court case in 1803 that established the principle of judicial review in the United States, asserting the court's authority to check the compatibility of laws with the Constitution.