An Asset Is Liquid If It

question 137

Multiple Choice

An asset is liquid if it

• A) is of intrinsic value.
• B) can be exchanged for other goods and services.
• C) is a store of value.
• D) can be obtained or disposed of without losing much of its nominal value.

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Definitions:

Study

The act of dedicating time and attention to acquiring knowledge or understanding through reading, practicing, or observation.

Participants

The people who are studied in a research project. Participants is the term now used in psychology; other disciplines still call these people “subjects.”

Nurture

The process of caring for and encouraging the growth or development of someone or something, often contrasted with nature.

Environmental Traits

Characteristics of an individual or species that are influenced by environmental factors rather than genetic ones.