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Examveda

Which of the following is not a tangible good?

A. Life Insurance

B. A television set

C. Iphone

D. A farmhouse

Answer: Option A

Solution(By Examveda Team)

Life Insurance is not a tangible good. Because life insurance is not a tangible asset, it cannot be counted against you for things such as food stamps or other assistance programs.

This Question Belongs to Commerce >> Insurance

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