Which Among the Following Assets Is the Most Liquid

question 489

Multiple Choice

Which among the following assets is the most liquid?

• A) corporate bonds
• B) fine art
• C) deposits that can be withdrawn using ATMs
• D) shares of stock

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Definitions:

Avignon Papacy

The period from 1309 to 1377 during which seven successive popes resided in Avignon, France instead of Rome, leading to a significant state of schism within the Church.

1309-1378

Dates defining the Avignon Papacy, a period when the popes resided in Avignon, France rather than in Rome, a situation that led to significant church conflict.

Papal Bull Unam Sanctam

A significant papal decree issued by Pope Boniface VIII in 1302, asserting the supreme spiritual authority of the Pope over kings and secular rulers.

Pope Boniface VIII

A Pope who reigned from 1294 to 1303, known for his conflicts with secular rulers and for issuing the Unam Sanctam, asserting papal supremacy.