Bob owns a virtual asteroid near the virtual planet Cosmo in the virtual DeepSpace universe. Property consists of a bundle of rights in anything that has an ascertainable value and is subject to ownership. This definition encompasses
A)intangible objects used in virtual worlds like DeepSpace.
B)digital books, music libraries, and movie downloads.
C)all of the choices.
D)domain names and expensively created Web sites.

Question

Quizplus · Accepted Answer

Property, in a legal sense, includes not only physical items but also intangible objects that have value and can be owned. This definition covers a wide range of items, including those used in virtual worlds (like virtual asteroids), digital media (such as books, music, and movies), and digital assets (like domain names and websites).

Bob Owns a Virtual Asteroid near the Virtual Planet Cosmo