If an Asset Cannot Be Sold Quickly for Cash Without

question 139

Multiple Choice

If an asset cannot be sold quickly for cash without much loss of value, it is called:

• A) illiquid.
• B) liquid.
• C) durable.
• D) fixed.

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Definitions:

Nucleophilic Acyl Substitution

A reaction where a nucleophile replaces the leaving group in an acyl compound.

Carbonyl

A functional group consisting of a carbon atom double-bonded to an oxygen atom \(\text{C=O}\).

Leaving Group

An atom or group that departs with a pair of electrons in a chemical reaction, making a bond-breaking step feasible.

Alkoxides

Anions formed from the deprotonation of alcohols, typically represented as RO-, where R is an alkyl group.