the following one a financial assets
(a) good
(b) silver
(c)share
(d)land
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Share is a financial asset.
Option (c) is correct.
Explanation:
- A financial asset is defined as the asset which does not possess physical existence and its value is derived from bonds, bank deposits, and stocks through the contractual claim.
- Financial assets are usually in the form of liquid and they are not like other tangible assets.
- Real estate, land, silver and commodities are tangible assets because they are physical and can be seen and touched.
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Answer:
Explanation:
The following one a financial assets?
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