Property that has no physical existence is called:
A)private property.
B)public property.
C)intangible property.
D)tangible property.

Question

Quizplus · Accepted Answer

Personal property may be either tangible or intangible.Tangible property has a physical existence.Cars,animals,and computers are examples.Property that has no physical existence is called intangible property.For example,rights under a patent,copyright,or trademark would be intangible property.

Property That Has No Physical Existence Is Called