Of the Following Financial Intermediaries, Which Holds the Least Liquid

question 31

Multiple Choice

Of the following financial intermediaries, which holds the least liquid assets?

• A)property and casualty insurance companies
• B)life insurance companies
• C)money market mutual funds
• D)commercial banks

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Definitions:

Dissolved

The process of officially ending the existence of a corporate entity or partnership through legal means.

U.S. Constitution

The supreme law of the United States of America, establishing the framework of the national government and the rights of citizens.

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The first ten amendments to the U.S. Constitution, guaranteeing fundamental rights and protections to American citizens.

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Entities that have legal rights and obligations, including the capability to own property, enter into contracts, and sue or be sued, can be either individuals or organizations such as corporations.