Which of the following statements is true about the property boundaries in the physical world?
A) The physical dimension of tangible personal property is the most difficult to define.
B) Law rather than intuition should ideally provide physical boundaries for a real property.
C) The physical boundaries for real property are relatively easier to establish than for other forms of property.
D) An individual rather than the law defines and sets forth the boundaries of an intellectual property or a security.
E) The law regarding physical boundaries is fixed across all the states regardless of the type of land involved.

Question

Quizplus · Accepted Answer

The physical dimensions of tangible personal property are generally easy to define. We understand what it means to own a car or a smartphone and understand immediately when someone interferes with it. Real property is more complex. Because land is not fully contained when owned or transported when sold, law rather than intuition must provide the physical boundaries.

Which of the Following Statements Is True About the Property