A student sells his old computer at a computer hardware store and gets $150 for it. he uses this cash to buy computer accessories. This is the Physical asset market.
The physical asset market also called the cash market or the bodily market, the spot market is in which properties are offered for cash and introduced right now. A monetary asset marketplace is a vicinity in which a contractual proper to a certain form of wealth is sold and bought.
An intangible asset is an asset that isn't bodily in nature. Goodwill, emblem reputation, and intellectual belongings, together with patents, emblems, and copyrights, are all intangible assets. Intangible asset exists in opposition to tangible belongings, which encompass land, motors, gadget, and stock.
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A student sells his old computer at a computer hardware store and gets $150 for it. He uses this cash to buy computer accessories.
What kind of market is this?