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

Question

Quizplus · Accepted Answer

Intangible personal property refers to things that do not have a physical presence, such as deposit accounts (bank accounts, stocks, etc.), patents, copyrights, and trademarks. Vehicles and equipment are tangible personal properties, while accessions are physical items that are added to tangible personal property (such as attachments to a vehicle or improvements to real estate).

Which of the Following Is Considered Intangible Personal Property