House
Insurance
Mobile Phone
A pair of jeans
Answer is Wrong!
Answer is Right!
The correct answer is: B. Insurance
A tangible good is a good that can be physically touched and has a physical presence. Examples of tangible goods include houses, cars, and clothes.
Insurance is a contract between an insurance policy holder and an insurance company. The insurance policy holder pays a premium to the insurance company, and the insurance company agrees to pay for losses that the policy holder incurs. Insurance is not a tangible good because it is not a physical object.
House, mobile phone, and a
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