Solomon plans to sell his property.He intends to sell the cattle on his property to the prospective buyer but not the clothes and the household goods.Which of the following is the reason for the clothes and the household goods not being sold with the house?
A) The clothes and household goods are intangible goods.
B) The clothes and household goods are fixtures.
C) The clothes and household goods are personal property.
D) The clothes and household goods form real property.
E) The clothes and household goods are abandoned.

Question

Quizplus · Accepted Answer

In this scenario, the clothes and household goods constitute personal property. Personal property applies to movable resources, those things that people do not annex to the land.

Solomon Plans to Sell His Property