Money can be many things, but it is not :

A. a financial liability.
B. a financial asset.
C. liquid.
D. illiquid.

Respuesta :

Answer:

The correct answer is letter "D": illiquid.

Explanation:

Money is the means of business transactions generally accepted worldwide. Thanks to money the value of items is standardized according to its features and the need they fulfill. Money has different characteristics such as being portable, recognizable, and stable. It can be used as a financial asset or liability, a unit of account, and store of value. Money is said to be liquid because it can be used quickly to be transformed into a different asset.  

Thus, illiquidity is not a characteristic of money itself.

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