BUSINESS ADMINISTRATION
BUSINESS LAW
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
Title and disposition
|
|
|
possession and use
|
|
|
enjoyment and profit
|
|
|
all of the above
|
Detailed explanation-1: -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-2: -To begin with, firstly, remember these major types of property: Movable property and Immovable property. Tangible property and Intangible property. Private property and Public property.
Detailed explanation-3: -Examples of real property can include ponds, buildings, reservoirs, canals, roads, and machinery. According to land law, real property often means the right to use, manage, and dispose of land and the objects attached to it.
Detailed explanation-4: -Real property may be classified according to its general use as residential, commercial, agricultural, industrial, or special purpose. In order to understand if you have the right to sell your home, you need to know which rights you possess-or don’t possess-in the property.