Which term includes bank accounts, stocks, and securities?

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Multiple Choice

Which term includes bank accounts, stocks, and securities?

Explanation:
Intangible assets are non-physical assets that have value because of rights or contracts attached to them. Bank accounts, stocks, and securities fit this category because you can’t touch them like a chair or a house, but they represent money, ownership, or creditor rights and can be transferred or redeemed for value. They’re not real property (land and improvements) and aren’t physical items (tangible personal property), so the term that best describes them is intangible assets.

Intangible assets are non-physical assets that have value because of rights or contracts attached to them. Bank accounts, stocks, and securities fit this category because you can’t touch them like a chair or a house, but they represent money, ownership, or creditor rights and can be transferred or redeemed for value. They’re not real property (land and improvements) and aren’t physical items (tangible personal property), so the term that best describes them is intangible assets.

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