Question

Money is most liquid of all assest because..?
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Answer 1

Answer:

because money fullfill our daily needs.

Answer 2

Answer:

An asset that can readily be converted into cash is similar to cash itself because the asset can be sold with little impact on its value. ... Cash on hand is considered a liquid asset due to its ability to be readily accessed. Cash is legal tender that a company can use to settle its current liabilities.

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