Which of these statements most nearly defines personal property?
A) trees in a forest
B) stock sold to bring water on the land of a group of landowners who have formed their own company
C) an unharvested peach crop sold to canning factory
D) the right to cross over someone else's property

Question

Quizplus · Accepted Answer

Personal property refers to movable items that can be subject to ownership, such as crops, vehicles, and furniture. Option C refers to an unharvested peach crop, which is a type of personal property. Option A refers to real property, which refers to land and things permanently attached to the land such as trees in a forest. Option B refers to a type of investment and option D refers to an easement, which is a right to use someone else's property and not personal property.

Which of These Statements Most Nearly Defines Personal Property