Which asset is MOST liquid?
A) a house
B) a Picasso painting
C) a corporate bond
D) money

Question

Quizplus · Accepted Answer

Money is considered the most liquid asset because it can be easily and quickly converted into other forms of currency or used to make purchases. A house and a Picasso painting are both examples of illiquid assets because they are expensive and take time to sell. A corporate bond can be sold relatively quickly, but it may still take some time to find a buyer and receive the funds from the sale.

Which Asset Is MOST Liquid