A liability is:
A) having wronged someone and being held responsible in court.
B) a requirement to pay in the future.
C) inability to perform an agreed task.
D) the requirement that banks offer insurance to depositors.
Correct Answer:
Verified
Q188: A physical asset is:
A) a tangible asset
Q191: In financial markets:
A) households sell liabilities.
B) wealth
Q192: The most diversified portfolio in terms of
Q195: Which of the following qualifies as an
Q198: Which of the following is a requirement
Q199: Suppose that Jim just got a $20,000
Q200: A financial asset is:
A) a physical asset
Q200: A risk-averse person:
A)considers any risk unacceptable.
B)would never
Q202: The term liquidity means that the:
A) asset
Q219: A person who is risk-averse:
A) is more
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