Intellectual property falls into a category of property known as intangible rights.

Name: Intellectual property falls into a category of property known as intangible rights.
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Intellectual property refers to creations of the mind, such as inventions, literary and artistic works, and symbols, names, and images used in commerce. Unlike tangible property, such as land or buildings, intellectual property is intangible and refers to rights that are protected under the law.

Intellectual Property Falls into a Category of Property Known as Intangible