Property may be classified as:
A)tangible and intangible.
B)real or personal.
C)physical and imaginary.
D)Both (a) and (b).

Question

Quizplus · Accepted Answer

Property can be classified as tangible (such as land, buildings, and physical assets) or intangible (such as intellectual property rights, goodwill, and patents) and real property (such as real estate) or personal property (such as cars, boats, and furniture). Therefore, options (a) and (b) are both correct choices.

Property May Be Classified As