Q.

Describe an Asset, in General. Choose the Most Appropriate Option.

A. An Asset is Some-Thing, that is Freely Available.
B. An Asset is Some-Thing, that yields a Value or a Return.
C. An Asset is Some-Thing, that yields No Return, and Only provides an Utility.
D. An Asset is Some-Thing, that cannot be owned.
Answer» B. An Asset is Some-Thing, that yields a Value or a Return.
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Insurance Exam (LIFE)

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