Which of the following ventricles is located laterally?

The lateral ventricle is indeed the correct answer as it is one of the primary cavities within the brain that is located laterally. Specifically, there are a pair of lateral ventricles, one in each hemisphere of the brain, and they play a vital role in the production and circulation of cerebrospinal fluid (CSF). In addition to housing CSF, the lateral ventricles are involved in the brain's overall hydrocephalic function—helping to cushion and protect the brain, as well as maintaining buoyancy.

To provide context, the third ventricle is situated medially between the two halves of the thalamus and is primarily involved in the communication of CSF between the lateral ventricles and the cerebral aqueduct. The fourth ventricle is positioned at the level of the brainstem and is more posterior, serving as an outlet for CSF to circulate around the brain and spinal cord. The term "central ventricle" is not standardly recognized in neuroanatomy and can cause confusion, as it doesn't refer to a specific anatomical structure in the same way the other ventricles do.

Overall, the lateral ventricle's unique location in both the left and right hemispheres allows it to serve important functions