An Asset Is Liquid If

question 15

Multiple Choice

An asset is liquid if

• A) it earns interest.
• B) it is backed by a government guarantee.
• C) it can be exchanged for other items of value without high transaction costs.
• D) All of the above are correct.

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Definitions:

UDDI

Stands for Universal Description, Discovery, and Integration, a platform-independent framework for describing, discovering, and integrating web services.

Searchable Directories

Organized collections of information that can be easily searched and navigated, often used for finding businesses or service providers online.

HTML5

A page-description language that makes it possible to embed images, audio, and video directly into a document without add-ons. Also makes it easier for web pages to function across different display devices, including mobile devices as well as desktops. It supports the storage of data offline.

Smartphone Apps

Applications designed to run on smartphones, providing users with various functionalities ranging from productivity to entertainment.