9
QuizMultiple Choice

Investing — Quiz

Question 9 • Personal Finance and Economics

Which investment has the least liquidity?

Answer
A
small business
B
checking account
C
house
D
mutual fund

Explanation

Liquidity is how easily an investment can be converted to cash. A checking account is immediately accessible, and mutual fund shares can generally be sold readily. A house may take time to sell, but selling a small business is usually even more difficult because finding a buyer and transferring its operations can be complicated. Therefore, the small business has the least liquidity.

AI-written and checked against the verified answer.

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