Which of the Following Is Not a Liquid Asset

question 101

Multiple Choice

Which of the following is not a liquid asset?

• A)Cash in your pocket
• B)Money in a savings account
• C)Access to your credit card
• D)Money in your chequing account

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Definitions:

Conclusion

The end or finish of an event, process, or text.

Categorical Syllogism

An argument based on deduction that consists of two premises and three distinct terms, with each term appearing exactly two times across the three propositions.

First Premise

The initial statement or proposition from which further reasoning is based in an argument.

Valid Deductive Argument

A logical statement where, if the premises are true, the conclusion necessarily follows and must also be true.