190k views
0 votes
An example of an asset with high liquidity is

a. a house.
c. a money market account.
b. a car.
d. gold.

2 Answers

2 votes
an asset is the belonging
of the business,so i think the answer to that is a money market account.liquidity is money so according to me that is the answer.
User Drgmak
by
7.9k points
4 votes

An asset is said to be liquid if it is easy to sell or convert into cash without any loss in its value. According this definition an example of an asset with high liquidity is a money market account. Correct answer: C Money market account is an interest-bearing account which offers the account holder benefits typical of both savings and checking accounts. It is the most liquid asset from all other options, because it can be fastest obtained as cash without any loss.

User Weston
by
6.9k points