1. Property owned by an individual? A. LiabilityB. AssetC. PropertyD. Net Worth 2.Examples of Liabilities include which of the following: A. Loans, credit cards, and real propertyB. Loans,...

1. Property owned by an individual? A. Liability B. Asset C. Property D. Net Worth 2.Examples of Liabilities include which of the following: A. Loans, credit cards, and real property B. Loans, mortgage, and credit cards C. Loans, Art collection, and savings account D. Mortgage, credit card, and real property 3.Positive Net Worth is defined as: A. assets are less that liabilities B. liabilities are greater than assets C.assets are equal to liabilities D.assets are greater than liabilities