Question

A financial asset is: a physical asset like a car. a claim that entitles the owner to future income from the seller. the value of accumulated savings. another term for capital.

Answer 1

The correct answer is letter "B": a claim that entitles the owner to future income from the seller.

Step-by-step explanation:

Financial assets are intangible resources that represent an entity's ownership claim or contractual rights to future payments. Common types of financial assets are cash, stocks, bonds, bank deposits, options, futures contracts, and derivatives. The value of an asset depends on supply and demand and its underlying value.