If an asset is considered liquid, then it:
A) can be sold quickly for cash without much loss of value.
B) cannot be sold quickly for cash without much loss of value.
C) can be sold quickly for cash, but tends to lose value.
D) can easily be traded for other assets.

Question

Quizplus · Accepted Answer

A liquid asset is one that can be easily sold for cash without much loss of value. Examples include cash, stocks, and bonds.

If an Asset Is Considered Liquid, Then It