The purchase of _____ is an example of the purchase of a financial asset.
A) a home
B) stocks
C) a car
D) jewelry
E) a vacation home

Question

The purchase of  _____  is an example of the purchase of a financial asset.
A) a home
B) stocks
C) a car
D) jewelry
E) a vacation home

Quizplus · Accepted Answer

Stocks are financial assets as they represent ownership in a company and can fluctuate in value based on the performance of the company and market conditions. The other options listed are physical assets and are not classified as financial assets.

The Purchase of _____ Is an Example of the Purchase