Shari owns a television, video games, and stock in the game company Time Travel, Inc. Shari's intangible property includes
A) the television.
B) the games.
C) the stock.
D) all of the choices.

Question

Shari owns a television, video games, and stock in the game company Time Travel, Inc. Shari's intangible property includes​
A) ​the television.
B) ​the games.
C) ​the stock.
D) ​all of the choices.

Quizplus · Accepted Answer

Intangible property refers to property that does not have a physical existence. Out of the given options, only the stock in the game company Time Travel, Inc. is an intangible asset. The television and the video games are tangible assets because they have a physical existence.

Shari Owns a Television, Video Games, and Stock in the Game