Personal Assets — Quiz Answers

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Which example is a tangible asset?

A
a patent
B
a car
C
a savings account
D
a stock
5

Which example is a capital asset?

A
a bank deposit
B
a bank loan
C
a house
D
a monthly salary
6

What type of asset can be easily converted into cash without losing its value?

A
tangible asset
B
intangible asset
C
liquid asset
D
capital asset
7

Which example is an intangible asset?

A
a trademark
B
a piece of land
C
a laptop
D
a credit card
9

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

A
tangible asset
B
liquid asset
C
intangible asset
D
current asset
10

Which example is a liquid asset?

A
a car
B
a brand logo
C
a factory building
D
cash in hand

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