An Asset Is Said to Be Illiquid When

question 32

Multiple Choice

An asset is said to be illiquid when:

• A)it lacks purchasing power.
• B)it cannot act as a store of value.
• C)it is an illegal tender.
• D)it cannot be readily exchanged for goods.
• E)it cannot be used to settle debts.

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Definitions:

Easy Temperament

A temperament characterized by a positive mood, regular bodily functions, and adaptability; children with this temperament generally show low or moderate intensity of reaction and a high level of self-regulation.

Difficult Temperament

A behavioral profile in children characterized by high reactivity, poor adaptability, and a tendency toward negative emotions.

Quiet Infant

A term referring to a baby who is typically less vocal or active, displaying calmness and minimal fussiness.

Cautious

Characterized by careful forethought to avoid potential harm or errors; prudent.