In June, Leslie wins a cash prize of $2,000. She plans to use this money to pay her tuition bill in September. Leslie puts this money in a savings account because her main priority is _____.
(A) Receiving the maximum amount of interest possible.
(B) Liquidity, since she'll need to use the money in a short time.
(C) Making a safe long-term investment.
(D) Taking a risk in hopes that she'll get a high return.
Ans: (B) Liquidity, since she'll need to use the money in a short time.
Business
You might also like to view...
Enabling meaningful, personalized communication between a business and its customers is most essential to which of the following?
A) the marketing mix B) brand management C) customer relationship management D) the production orientation E) social responsibility
Business
Functional dependency SSN --> Name exists in the table STUDENT
Indicate whether the statement is true or false
Business