Which of the Following Is an Intangible Asset

question 57

Multiple Choice

Which of the following is an intangible asset?

• A) Prepaid insurance
• B) Loan from bank
• C) Patent
• D) Equipment

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Definitions:

Serious Financial Trouble

A condition where a person, organization, or country faces significant financial challenges that threaten their long-term stability and solvency.

Excessive Response

Refers to a disproportionately intense or extreme reaction to a situation or stimulus.

Seriously Injured

A condition where an individual has sustained severe harm or damage, often resulting in long-term health effects or impairment.

Assault

A threat of violence or injury to a person.