SIE Exam Question 793: Answer and Explanation

Question: 793

All but which of the following are characteristics of tangible assets, such as collectibles?

  • A. They do not have a strong secondary market.
  • B. They are not subject to significant government regulation.
  • C. They are marketable.
  • D. They lack liquidity.

Correct Answer: C

Explanation:

Collectibles lack marketability and liquidity. They do not have a strong secondary market and they're not subject to significant government regulation.

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