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Which of the following items is an example of intangible property? A. Hotel B. Copyright C....

Which of the following items is an example of intangible property? A. Hotel B. Copyright C. Sport utility vehicle D. Trolley car

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Answer #1

Ans:- (B) Copyright

Reason:-

Definition of Intangible property:-

An intangible asset is an identifiable non-monetary asset, without
physical substance, held for use in the production or supply of
goods or services, for rental to others, or for administrative purposes.

In the given question Hotel, Sport utility vehicle and Trolley car will not be treated as an Intangible asset because all of those will have physical substance but Copyright will not have physical substance.

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