Tangible Assets are Question 10Answer a. Patent b. Goodwil c. Both A&B d. Only B

Tangible assets refer to physical assets that a company can touch, such as machinery, buildings, land, inventory, etc. In contrast: - **Patent** (Answer A) is an intangible asset as it's a legal right. - **Goodwill** (Answer B) is also an intangible asset, representing the value of a company's brand, customer relationships, etc. Therefore, the correct answer is **none of the above** because neither patent nor goodwill represents tangible assets. However, if you must choose from the provided options, the answer would be **c. Both A & B** as neither is a tangible asset.