9
QuizMultiple Choice

Personal Assets — Quiz

Question 9 • Advanced Financial Algebra

What type of asset is intellectual property, like a copyright, for example?

Answer
A
tangible asset
B
liquid asset
C
intangible asset
D
current asset

Explanation

A copyright is a legal right, not a physical object you can touch. Assets without physical form, such as copyrights, patents, and trademarks, are called intangible assets. So the correct choice is intangible asset.

AI-written and checked against the verified answer.

Previous
Next