All of the following are assets EXCEPT

A) inventory.
B) cash.
C) patents.
D) bank loans.

Assets are resources owned by a business that have economic value and can be converted into cash. Inventory, cash, and patents are all examples of assets because they represent value that the business can use or convert into cash. Bank loans, however, are liabilities, not assets, because they represent money that the business owes to another entity.