the car owned by a person is part of his or her _____. a. investment assets b. liquid assets c. long term…
the car owned by a person is part of his or her _____. a. investment assets b. liquid assets c. long term assets d. use assets please select the best answer from the choices provided o a o b o c o d
Answer
Brief Explanations:
A car is a tangible item used by its owner for personal or business - related transportation. Investment assets are for generating income or appreciation, liquid assets are easily convertible to cash, and long - term assets are often held for more than a year but the key here is its use. A car is a use asset as it is mainly used for transportation purposes.
Answer:
D. use assets