A Lack of Immediate Liquidity Cannot Be Justified Even If

question 31

True/False

A lack of immediate liquidity cannot be justified even if there is an opportunity for large gains.

---

Definitions:

Verbal Understandings

Agreements or terms reached through spoken communication, which may not be formally documented in writing.

Existing Business

A company or enterprise that has been operational for some time, as opposed to a newly established entity.

Past Business Contracts

Previous agreements or legal obligations between parties in a business context.

Customers

Individuals or organizations that purchase goods or services from a company.