What type of membrane lines the compartments of the ventral body cavity and produces a lubricant that allows organs to move against neighboring organs without friction?

Answer is Serous membrane.

Explanation:

The serous membrane is known to be or can be described as a thin membrane usually consisting of two layers which are separated by a space filled with serous fluid, which is derived from the serum.

The serous membrane are lying the cavity of some certain internal organs of the body, such as the lung and the heart. The fluid produced by the serous membrane,[ serous fluid], serves as lubricant to reduce friction occurring from muscle movement.

Examples of serous membrane are peritoneum and pericardium.