BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -As the name suggests, private property permits a non-government body to own the property. It is property owned by a juristic person for their personal use or benefit which can be of any nature tangible or intangible, movable or immovable. Common Examples include apartments, securities, trademarks, private wells, etc.

Detailed explanation-2: -Tangible personal property is anything that can be held and has definitive value while intangible personal property is anything that doesn’t have any obvious value and can’t be touched.

Detailed explanation-3: -Personal property can be characterized as either tangible or intangible. Examples of tangible personal property include vehicles, furniture, boats, and collectibles. Stocks, bonds, and bank accounts fall under intangible personal property.

Detailed explanation-4: -Real property is an immovable property. It includes land, fences, plants, buildings, etc., attached and not easily movable. Personal property is movable; it includes things that can be moved from one place to another, such as clothes, home appliances, electronic gadgets, livestock, etc.

Detailed explanation-5: -Answer (b) Trademarks. Explanation: An intangible asset is a resource that isn’t physical in nature. Brand acknowledgment, goodwill, and intellectual property rights like trademarks, patents, and copyrights, are all intangible assets.