Which of the Following Need Be True for an Asset

question 64

Multiple Choice

Which of the following need be true for an asset to be considered liquid?

• A) It pays regular dividends.
• B) It can be bought and sold at an organized stock market or bourse.
• C) It is offered for sale on both primary and secondary markets.
• D) It can be easily bought and sold and the selling price is very close to the buying price at a given point in time.
• E) Buyers and sellers are anonymous.

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Definitions:

Majority

More than half of a given group or quantity; often used to describe the age at which a person is legally acknowledged as an adult.

Concurring Opinion

An additional written opinion by a judge who agrees with the decision of the court but for different reasons than those expressed in the majority opinion.

Majority Opinion

The judicial opinion agreed to by more than half of the members of a court, setting out the decision of the court and an explanation of the rationale behind the court's decision.

Dissenting Opinion

A judicial expression of disagreement with the court’s majority decision, highlighting alternate legal perspectives or interpretations.