A lack of immediate liquidity cannot be justified even if there is an opportunity for large gains.

Name: A lack of immediate liquidity cannot be justified even if there is an opportunity for large gains.
Brand: Quizplus
Rating: 4.9 (47 reviews)

Question

Quizplus · Accepted Answer

The lack of liquidity can be justified by the unusual opportunities presented by high gains in investments like real estate and collectibles, and the potential tax benefits of high write-offs and depreciation, despite the higher transaction costs of these investments.

A Lack of Immediate Liquidity Cannot Be Justified Even If