Tangible property represents rights that cannot be reduced to physical form,such as stock certificates,certificates of deposit,bonds,and copyrights.

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Tangible property is physical property that can be touched or held, such as land, buildings, vehicles, and personal possessions. The statement in the question describes intangible property, which is property that represents rights or value but does not have a physical form.

Tangible Property Represents Rights That Cannot Be Reduced to Physical