A Liquid Asset Is

question 81

Multiple Choice

A liquid asset is:

• A) an asset that can be used for payments,or can quickly and without loss of value be converted to an asset that can be used for payments.
• B) an asset that cannot be used for payments,or can quickly and without loss of value be converted to an asset that can be used for payments.
• C) a very narrowly accepted means of payment.
• D) gold and only gold.

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Definitions:

Bright Light

High-intensity illumination often associated with enhanced visibility and sometimes affecting biological processes in organisms.

Islet Cells

Specialized cells found in the pancreas that produce hormones like insulin and glucagon, which regulate blood sugar levels.

Adrenal Cortex

Outer portion of adrenal gland; secretes the hormones aldosterone and cortisol.

Pancreas

An organ in vertebrates, including humans, involved in the digestion process and insulin production.