Given the list of assets below, which is the most liquid?
A) $500 worth of Google common stock
B) $500 worth of General Motors bonds
C) A $500 travelers check
D) A bitcoin that is accepted by some stores

Question

Quizplus · Accepted Answer

A travelers check is the most liquid option listed because it can be easily converted into cash at many locations without incurring significant fees or a waiting period. Google common stock and General Motors bonds require a brokerage firm to sell, which can take time and incur fees. Bitcoin is only accepted by some stores and requires a digital wallet to access.

Given the List of Assets Below, Which Is the Most