Concept:Special assets are non-cash, often illiquid assets that cannot be easily converted into money. Examples include trademarks, goodwill, and other intangible or unusual investments.
Explanation:• Fixed assets and current assets are general balance sheet classifications, not special assets.
• Gratuity is a staff benefit or payment, which is not classified as an asset.
• A trademark is an intangible asset that gives a business exclusive legal rights. It is commonly regarded as a special asset.
• Therefore, the item of special assets is the trademark.
Answer:C. Trademark