Which One of the Following Could Never Be Considered to Be

question 81

Multiple Choice

Which one of the following could never be considered to be cash equivalents?

• A) Common stock issued by a corporation
• B) Money market funds
• C) Corporate commercial paper
• D) U.S.Treasury bills

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Definitions:

Complements

Products or services that complement each other, resulting in a rise in demand for one causing a corresponding increase in demand for the other.

Substitutes

Goods or services that can replace each other in use, whereby an increase in the price of one leads to an increase in demand for the other.

Quantity Of Zero

A condition where the quantity of a good or service supplied or demanded is zero, often due to a price set below or above the market equilibrium.

Current Demand

The existing desire or need for a product or service within a market at a specific point in time.