Which of the Following Is the Most Liquid Asset

question 10

Multiple Choice

Which of the following is the most liquid asset?

• A) capital goods
• B) stocks and bonds with a low risk
• C) real estate
• D) funds in a chequing account

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Definitions:

Implied Employment Contract

An implied employment contract refers to an employment agreement that is not formally documented but is inferred from comments, actions, and the relationship between employer and employee.

Reasonable Expectation

An anticipation or belief that is logically and legally justified under the circumstances.

Substantial Injury

Significant physical, financial, or emotional harm caused to a person or property that may be grounds for legal action.

Family or Medical Leave

Authorized absence from work, protected by law, for family or health-related reasons without risk of losing employment.