Which of the Following Is an Example of Intangible Property

question 64

Multiple Choice

Which of the following is an example of intangible property?

• A)The right to exclude others from a patented product
• B)Metals such as steel or aluminum
• C)Raw undeveloped land
• D)Furniture
• E)Virtual real properties

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Definitions:

Exxon And Mobil

Refers to the merger between Exxon and Mobil, two major oil companies that combined in 1999 to form ExxonMobil, the largest privately owned oil company in the world.

Horizontal Merger

A business consolidation that occurs between companies operating in the same industry, often aiming to increase market share, reduce competition, or achieve economies of scale.

Staples

Basic or essential items that are regularly used and replenished, such as food, clothing, and household goods.

Office Depot

A retail company specializing in selling office supplies, technology products, and furniture to consumers and businesses.