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      Question

      Which of the following is an example of “tangible

      assets”?
      A Import Quota Correct Answer Incorrect Answer
      B Trademarks Correct Answer Incorrect Answer
      C Business secrets Correct Answer Incorrect Answer
      D Rolling stock Correct Answer Incorrect Answer

      Solution

      A tangible asset is an asset that has physical substance. Examples include  inventory, a building, rolling stock, manufacturing equipment or machinery, and office furniture.

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