An Example of an Illiquid Asset Is

question 57

Multiple Choice

An example of an illiquid asset is

• A)U.S. Treasury bill.
• B)bonds issued by GM.
• C)common stock issued by Apple Inc.
• D)common stock issued by a small but financially strong firm.

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Definitions:

Period of Stress

A timeframe during which an individual, group, or system experiences significant pressure or difficulty.

Predation

The ecological process by which one organism hunts and consumes another organism for sustenance.

Precautionary Principle

A safety principle requiring that an action or policy having the potential to cause harm to the public or to the environment should not be undertaken if the consequences are uncertain or potentially dangerous.