Which of the following is the most liquid asset?
A) A Monet painting
B) Bonds
C) A car
D) A $20 note

Question

Quizplus · Accepted Answer

The $20 note is the most liquid asset as it can be easily and quickly converted into cash without any significant loss in value. The Monet painting may take time to find a buyer willing to pay a fair price, while bonds may need to be sold on a secondary market and may not immediately provide cash. The car is also not a liquid asset as it may take time to find a buyer and negotiate a price.

Which of the Following Is the Most Liquid Asset