Which of the following is considered intangible personal property?
A)vehicles
B)equipments
C)accessions
D)deposit accounts

Question

Quizplus · Accepted Answer

Intangible personal property refers to property that doesn't physically exist or isn't tangible. Deposit accounts are a form of financial asset that is intangible, so D is the correct answer. A) vehicles and B) equipment are tangible properties, while C) accessions refer to additions or improvements made to tangible property.

Which of the Following Is Considered Intangible Personal Property