many people put aside money to take care of unexpected expenses. if pedro and susanna have money to put…

many people put aside money to take care of unexpected expenses. if pedro and susanna have money to put aside for emergencies, in which of the following forms would it be of least benefit to them if they needed it right away? a. bank checking account balance b. stock issued by pedros employer c. money used for the down payment on a house d. credit union savings account balance

many people put aside money to take care of unexpected expenses. if pedro and susanna have money to put aside for emergencies, in which of the following forms would it be of least benefit to them if they needed it right away? a. bank checking account balance b. stock issued by pedros employer c. money used for the down payment on a house d. credit union savings account balance

Answer

Brief Explanations:

Liquidity is key for emergency funds. A checking account and a credit - union savings account offer easy access. Stock may take time to sell and convert to cash. Money used for a house down - payment is tied up in a long - term asset and is not easily accessible.

Answer:

C. Money used for the down payment on a house