A primary asset is defined asQuestion $2$ Answera.Any financial security that is backed by the full faith and credit of the governmentb.A long$-$term tangible item owned by a corporation and used as collateral for a bond issuec.A security originally sold by a business or government to raise money that represents a claim on the issuer's assetd.A security issued by an individual with a maturity of one year or lesse.Any financial security that is traded on one or more of the security exchanges within Canada and issued by a Canadian corporation