Which of the Following Refers to What You Own

question 20

Multiple Choice

Which of the following refers to what you own?

• A) Assets.
• B) Liabilities.
• C) Net worth.
• D) Principal.

---

Definitions:

Collection Process

Procedures followed by a business to collect money owed by customers.

Issuer

The entity responsible for providing a financial instrument or security, such as bonds, shares, or notes, to the market or the public.

Retailer

A business entity that sells goods and services directly to consumers, acting as the final link in the supply chain between manufacturers and end-users.

Credit Card

A payment card issued by a financial company giving the holder an option to borrow funds, typically at point of sale.