Property rights can be divided into two classes, real and personal. Which of the following is an example of real property?
A) Vehicles
B) Stocks and bonds
C) Patents
D) Commercial building

Question

Quizplus · Accepted Answer

Real property refers to land and any permanently attached structures to that land, such as buildings. A commercial building is an example of real property. Vehicles (A) and stocks and bonds (B) are examples of personal property, while patents (C) are considered intellectual property.

Property Rights Can Be Divided into Two Classes, Real and Personal