Assets that can easily be converted to cash without loss of value are called

A. Liquid Assets
B. Free Assets
C. Pliable Assets
D. Disposable Assets

A. Liquid Assets

Business

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Pierre owns a one-quarter undivided interest in a parcel of land, and he wants his interest transferred to his sister Estelle. As a general rule, which of the following actions will transfer Pierre's undivided interest out of his name?

A) Redemption from foreclosure sale B) Making and signing a will C) Delivery of a deed D) Signed acceptance of offer to purchase

Business

An ad for Ford did not advertise any cars, but instead explained the meaning of the company's slogan, "no boundaries." This ad is an example of ________

A) product advertising B) a sales promotion C) institutional advertising D) advocacy advertising E) retail advertising

Business