Which of the following is categorized correctly?

Question

Quizplus · Accepted Answer

Timber grown as a crop is considered part of the real property until it is severed or harvested, at which point it becomes personal property. Stocks and certificates of deposit are intangible assets, not tangible property. Property owned jointly by siblings does not automatically qualify as community property, as community property is a legal term often associated with assets acquired during marriage in certain states. The right to protect the design of a better mousetrap would be considered a patent, not a trademark; trademarks protect brands, symbols, names, and slogans used to identify goods and services. The correct answer is D, as a mineral royalty interest is indeed a right to a certain percentage of profits from the sales of oil and gas, fitting correctly into its category.

Which of the Following Is Categorized Correctly