BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Intangible Property is a property without a physical existence. Examples of intangible property include patents, patent applications, trade names, trademarks, service marks, copyrights, trade secrets.

Detailed explanation-2: -Intangible assets include intellectual property (IP) like copyright, patents and trademarks, and other non-IP assets like trade secrets and goodwill.

Detailed explanation-3: -Tangible personal property includes equipment, supplies, and any other property (including information technology systems) other than that is defined as an intangible property. It does not include copyrights, patents, and other intellectual property that is generated or developed (rather than acquired) under an award.

Detailed explanation-4: -IP is a subset of intangible assets (IA) which are assets that are non-physical in nature as opposed to physical assets such as machinery.

Detailed explanation-5: -Intangible assets are the resources a business owns that cannot be moved, like equipment, or handled, like physical property. These intangible assets include goodwill, patents, trademarks, copyrights and more. They hold a lot of value for your business, even though they aren’t physical items you can touch.