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What type of asset cannot be seen or touched, but has a monetary value?

Assets that cannot be seen or touched, but have a monetary value, are __________ assets.

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Final answer:

Assets that cannot be seen or touched, like stocks and life insurance policies, hold monetary value.


Explanation:

Assets are objects (material or immaterial) of value with a monetary worth. An example of an asset that cannot be seen or touched but holds monetary value is stocks. Another example is a life insurance policy, which is intangible yet has financial value.


Learn more about Assets and Monetary Value here:

https://brainly.com/question/30407302


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