Posted on: 07th Aug, 2009 06:17 am
liquid asset
Your 401k is probably the least liquid of all liquid assets. Why? because there are often many stipulations and requirements which make it a little more difficult to cash out your 401k.
Least Liquid asset is _________
Options:
A. Land
B. Goodwill
C. Inventories
D. Patents
Options:
A. Land
B. Goodwill
C. Inventories
D. Patents
Hi Priyanka,
None of the options mentioned above are least liquid assets. Things such as your house, coin collections, and artwork are not very liquid.
Thanks
None of the options mentioned above are least liquid assets. Things such as your house, coin collections, and artwork are not very liquid.
Thanks
I'm thinking Priyanka wasn't expected to be taken seriously...
You never know, Margot... Moreover, this is an open forum where everyone can ask finance related queries.