Stephanie owns a house with an acre of land. When her job relocates her to another state, she must sell her house quickly to get the cash she needs to move and buy a new house. The ability to turn her current house and land into cash quickly is called ________ risk.
A) currency
B) liquidity
C) financial
D) market
E) interest rate

Question

Quizplus · Accepted Answer

Stephanie's ability to turn her house and land into cash quickly is her liquidity risk.

Stephanie Owns a House with an Acre of Land