Which of the following is considered to be personal property?
A) easement
B) iron ore in the ground
C) mortgage contract
D) stock in a mutual water company

Name: Which of the following is considered to be personal property? A) easement B) iron ore in the ground C) mortgage contract D) stock in a mutual water company
Brand: Quizplus
Rating: 4.8 (41 reviews)

Question

Quizplus · Accepted Answer

A mortgage contract is considered personal property because it is a financial instrument representing a loan agreement, not a physical or real property.

Which of the Following Is Considered to Be Personal Property