Question

The asset which can only be perceived indirectly such as an insurance policy is called ______.

विकल्प

• Tangible product

• Intangible product

• Service

• None of these

Answer 1

The asset which can only be perceived indirectly such as an insurance policy is called Intangible product.

Explanation:

Intangible products are assets that cannot be touched or seen directly but have value and are essential for business operations. Examples include insurance policies, patents, trademarks, and intellectual property. They differ from tangible products, which are physical items that can be directly perceived and used.