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Which of the Following Is the First and Foremost Element

question 15

Multiple Choice

Which of the following is the first and foremost element to be considered while developing a contract with a client?​


Definitions:

Money Market Securities

Short-term financial instruments, typically with high liquidity and low risk, such as Treasury bills and commercial paper.

Cash Equivalents

Temporary investments with high liquidity that can be quickly converted into precise cash amounts and carry minimal risk of fluctuating in value.

Marketable

Refers to assets or securities that are easily bought or sold in the market because of their high demand, liquidity, or both.

Bid Price

The highest price a buyer is willing to pay for a security or asset.

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