Knowee
Questions
Features
Study Tools

Which of the following is not part of intangible personal property?Select one:a.apartmentsb.patentsc.bondsd.trademarksClear my choice

Question

Which of the following is not part of intangible personal property?

Select one:

  • a. apartments
  • b. patents
  • c. bonds
  • d. trademarks

Clear my choice

🧐 Not the exact question you are looking for?Go ask a question

Solution

To determine which option is not part of intangible personal property, let's analyze the given choices:

  1. Apartments: These are physical, tangible assets (real property), as they consist of land and structures that can be seen and touched.

  2. Patents: These are considered intangible personal property. They are legal rights granted to inventors for their inventions, providing them exclusive rights to the use of their inventions.

  3. Bonds: Bonds represent a financial asset and are classified as intangible personal property. They are essentially certificates of debt that can be traded in markets.

  4. Trademarks: Trademarks are also intangible personal property, as they represent brand identifiers that owners can use to distinguish their goods or services.

Final Answer

The correct option that is not part of intangible personal property is a. apartments.

This problem has been solved

Similar Questions

Which of the following items are intangible assets? (Select all that apply.)Multiple select question.patentlandcopyrightequipmenttrademark

Under IFRS, which of the following is classified as an intangible asset?a.Buildingsb.Landc.Goodwilld.InventoryClear my choice

Which of the following is not an intangible asset arising from a government grant?Group of answer choicesGoodwillPatentTrademarkTrade name

Which one of the following assets is not a personal-use asset?a.Personal furnitureb.Antiquesc.Personal gold or platinum coinsd.Private art collections

Personal property does not include which one of the following?A computerA homeA carA promissory note

1/3

Upgrade your grade with Knowee

Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.