Illiquidity in real estate means that:
A. you can quickly sell the property.
B. you don't have a water well on the property.
C. you cannot quickly sell the property.
D. you don't have financial leverage.

Question

25-01-2016
Social Studies

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Illiquidity in real estate means that:
A. you can quickly sell the property.
B. you don't have a water well on the property.
C. you cannot quickly sell the property.
D. you don't have financial leverage.

Respuesta :

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AutumnHDunaway AutumnHDunaway · Answer 1 · 2016-01-25T01:12:19+01:00

AutumnHDunaway AutumnHDunaway

25-01-2016

Illiquid: The state of a security or other asset that cannot easily be sold or exchanged for cash without a substantial loss in value. Illiquid assets also cannot be sold quickly because of a lack of ready and willing investors or speculators to purchase the asset.
So... the answer is C.
Hope this helped!!

Answer Link

Illiquidity in real estate means that: A. you can quickly sell the property. B. you don't have a water well on the property. C. you cannot quickly sell the property. D. you don't have financial leverage.

Respuesta :

Otras preguntas

Illiquidity in real estate means that:
A. you can quickly sell the property.
B. you don't have a water well on the property.
C. you cannot quickly sell the property.
D. you don't have financial leverage.