An asset that is considered to be liquid:
A) can be sold quickly for cash without much loss of value.
B) cannot be sold quickly for cash, regardless of value.
C) can be sold quickly for cash, but tends to lose value.
D) can easily be traded for other assets.

Question

Quizplus · Accepted Answer

A liquid asset can be sold quickly and easily for cash without much loss of value. Examples of liquid assets include stocks, bonds, and cash.

An Asset That Is Considered to Be Liquid