Of the following assets,the least liquid is
A)stocks.
B)traveler's checks.
C)checking deposits.
D)a house.

Name: Of the following assets,the least liquid is A)stocks. B)traveler's checks. C)checking deposits. D)a house.
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Question

Quizplus · Accepted Answer

A house is the least liquid asset because it may take a significant amount of time to sell and turn into cash. Stocks, traveler's checks, and checking deposits are all more easily converted to cash.

Of the Following Assets,the Least Liquid Is