Asked by isabel herrera on Sep 30, 2024
Verified
Which of the following is an example of personal property?
A) Land
B) Commercial Office Building
C) House
D) Books
Personal Property
Personal Property refers to movable assets owned by an individual or corporation, excluding real estate or buildings.
Commercial Office
A workspace designated for activities related to business, administrative tasks, or professional services.
Books
Official records kept by a company detailing its financial transactions, assets, and liabilities.
- Distinguish between personal and real property.
Verified Answer
AP
ANTHONY POLINGabout 2 hours ago
Final Answer :
D
Explanation :
Real property is the earth's crust and all things firmly attached to it.All other objects and rights that may be owned are personal property.
Learning Objectives
- Distinguish between personal and real property.
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