Question

Which of these is the best example of an asset?

the electricity in a home
the necklace someone is wearing
the coffee someone drank this morning
an old, used airline ticket

Answer 1

The best example of an asset is the necklace someone is wearing. Option B is correct.

An asset is defined as a resource with economic value that an individual, corporation or country owns or controls expecting that it will provide a future benefit.

A necklace is considered an asset because it's a good that an owner has and he can sell it in the future so that he can benefit from this by making a profit out of it.

Answer 2

The best example of an asset is the necklace someone is wearing.

An asset is a resource with economic value that an individual, corporation, or country owns with the expectation that it will provide a future benefit.