Final answer:
Amphipathic lipids have both water- and lipid-soluble properties. They are a diverse group of compounds including waxes, fats, phospholipids, and steroids. Examples include phospholipids found in cell membranes.
Step-by-step explanation:
Lipids that have both water- and lipid-soluble properties are called amphipathic. Lipids are a diverse group of compounds that include waxes, fats, phospholipids, steroids, and others. They exhibit hydrophobic (water-fearing) properties with their nonpolar structure, while also having hydrophilic (water-loving) properties with their ionic parts, making them amphipathic. Examples of amphipathic lipids include phospholipids found in cell membranes.