Which of the following is a requirement to pay in the future?
I. a financial asset
II. a physical asset
III. a liability
A) I only
B) II only
C) III only
D) I, II, and III
Correct Answer:
Verified
Q188: A physical asset is:
A) a tangible asset
Q191: In financial markets:
A) households sell liabilities.
B) wealth
Q195: Which of the following qualifies as an
Q197: A liability is:
A)having wronged someone and being
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
Q203: The financial system performs certain tasks to
Q219: A person who is risk-averse:
A) is more
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