An illiquid asset:
A) cannot be sold.
B) provides the owner no return or income.
C) is a tangible asset.
D) cannot quickly be converted into cash with little loss of value.
Correct Answer:
Verified
Q199: A liability is:
A) having wronged someone and
Q200: A financial asset is:
A) a physical asset
Q201: Which asset is the MOST liquid?
A) a
Q202: The term liquidity means that the:
A) asset
Q203: Which asset is the MOST liquid?
A) currency
B)
Q205: An example that does NOT illustrate financial
Q206: Which task(s) is/are associated with the financial
Q207: An important advantage of bonds as a
Q208: The BEST way to reduce financial risk
Q209: A loan is a:
A) liability for the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents