Question

Why may it not be desirable to sell stocks and shares to pay for a claim?

a.

It may not be the best moment to sell

b.

The cash would not be quickly realizable

c.

both a and b

d.

None of the above

Answer: (c).both a and b Explanation:It may not be the best moment to sell and in some cases the cash would not be quickly realizable. Therefore, it may not be desirable to sell stocks and shares to pay for a claim.

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Q. Why may it not be desirable to sell stocks and shares to pay for a claim?

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