State with the reasons whether you agree or disagree with the followin

1.	State with the reasons whether you agree or disagree with the following statements:Money is the most liquid asset.
Answer» Yes, I agree with the statement. Money is the most liquid asset because it is generally acceptable. It is a 100% liquid asset in the sense that it can be converted into any type of asset with no loss in its value Money helps to transfer immovable properties like land by selling it at one place and purchasing similar property at another place or from one person to another without any difficulty. In other words, it makes illiquid assets like land, buildings, etc., into liquid assets. Money as a store of value is also the most liquid asset, as compared to other assets like diamonds, houses, land, etc.

State with the reasons whether you agree or disagree with the following statements:Money is the most liquid asset.

Answer»

Yes, I agree with the statement.

Money is the most liquid asset because it is generally acceptable.
It is a 100% liquid asset in the sense that it can be converted into any type of asset with no loss in its value
Money helps to transfer immovable properties like land by selling it at one place and purchasing similar property at another place or from one person to another without any difficulty.
In other words, it makes illiquid assets like land, buildings, etc., into liquid assets.
Money as a store of value is also the most liquid asset, as compared to other assets like diamonds, houses, land, etc.