_____ is an example of a personal asset.
A) Jewelry
B) Mutual fund
C) Corporate bond
D) Charge account balance
E) Premium on auto insurance

Question

Quizplus · Accepted Answer

Personal assets are possessions that an individual owns, such as jewelry, cars, and furniture. Jewelry is a personal asset that holds value and is considered as an investment. Mutual funds, corporate bonds, and charge account balances are not personal assets as they are not physical possessions. Premium on auto insurance is a liability, not an asset.

_____ Is an Example of a Personal Asset