Which of the Following Is an Example of Physical Capital

question 96

Multiple Choice

Which of the following is an example of physical capital?

• A)the strength of workers
• B)on the job training
• C)financial assets like cash and bonds
• D)the equipment in a factory

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Definitions:

Duty of Performance

The duty of performance is an obligation in a contract that requires a party to fulfill the terms as agreed.

Reasonable Skill

The level of competence that a professional is expected to perform in a specific task, based on common standards in the field.

Legal Liability

The responsibility to bear the consequences under the law, often involving compensation for harm or damage.

Office Equipment

Machines and devices designed for use in an office environment, such as computers, printers, and telephones.