Dona owns factory machinery and the tools to service it, as well as office furniture, including computers. Emily owns patents, trademarks that identify the products made under those patents, and stock in the company that sells those products. Personal property includes items owned by
A) Dona and Emily.
B) Dona only.
C) Emily only.
D) neither Dona nor Emilio.

Question

Dona owns factory machinery and the tools to service it, as well as office furniture, including computers. Emily owns patents, trademarks that identify the products made under those patents, and stock in the company that sells those products. Personal property includes items owned by​
A) ​Dona and Emily.
B) ​Dona only.
C) ​Emily only.
D) ​neither Dona nor Emilio.

Quizplus · Accepted Answer

Both Dona and Emily own personal property. Dona owns factory machinery, tools, and office furniture, while Emily owns patents, trademarks, and stock in the company.

Dona Owns Factory Machinery and the Tools to Service It