Norah owns a phone, a tablet, and a patent on an app. Norah's intangible property includes
A)the phone.
B)the tablet.
C)the patent.
D)all of the choices.

Question

Quizplus · Accepted Answer

The patent on an app is considered intangible property because it represents a legal right to the intellectual property of the app, rather than a physical object. The phone and tablet are tangible assets.

Norah Owns a Phone, a Tablet, and a Patent on an App