An asset is anything you own that has market value.

Name: An asset is anything you own that has market value.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

An asset is defined as anything of value that you own, which can be converted into cash. It can include tangible assets such as a house, car, or jewelry, as well as intangible assets such as stocks, bonds, or intellectual property. All of these assets have a market value, which means they can be traded or sold for a certain price. Therefore, the statement is true.

An Asset Is Anything You Own That Has Market Value