2
QuizMultiple Choice

Personal Assets — Quiz

Question 2 • Advanced Financial Algebra

Which example is a tangible asset?

Answer
A
a patent
B
a car
C
a savings account
D
a stock

Explanation

A tangible asset has a physical form that you can see or touch. A car is a physical object, so it is a tangible asset. A patent, stock, and savings account are financial or legal assets rather than physical objects.

AI-written and checked against the verified answer.

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