The term that considers having money readily available when you need it is the concept of
A)flexibility.
B)liquidity.
C)equity.
D)solvency.
E)none of the above.

Question

Quizplus · Accepted Answer

Liquidity refers to the ability to have cash or other assets readily available when needed. This is important for individuals and businesses to be able to cover expenses, make investments, and handle unexpected events. Flexibility, equity, and solvency are related concepts but do not specifically address the idea of having readily available cash or assets.

The Term That Considers Having Money Readily Available When You