Shari owns a television,video games,and stock in the game company Time Travel,Inc. Shari's intangible property includes
A)the television.
B)the games.
C)the stock.
D)none of the choices.

Question

Quizplus · Accepted Answer

Intangible property refers to assets that have no physical presence, such as stocks, patents, and trademarks. Therefore, the only choice that represents intangible property is C, the stock in Time Travel, Inc. The television and video games are tangible property since they have a physical presence.

Shari Owns a Television,video Games,and Stock in the Game Company