An example of intangible property is

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Quizplus · Accepted Answer

Intangible property refers to property that has no physical substance, such as intellectual property rights, brand recognition, and goodwill. The royalty rights of an author are an example of intangible property as they are a right to receive income from the sale of a creative work, but they do not have a physical presence. Liens (B) are considered a type of encumbrance on tangible property and are not considered intangible. A diamond ring (C) and a fixture on land (D) are both tangible property as they have a physical presence.

An Example of Intangible Property Is