Personal Property Cannot Be Acquired by

question 11

Multiple Choice

Personal property cannot be acquired by

• A) gift.
• B) accretion.
• C) purchase.
• D) abandonment.

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Definitions:

Pegged Currencies

A regime where a country's currency value is fixed relative to another currency or a basket of currencies.

U.S. Dollar

The official currency of the United States, widely used as a benchmark and reserve currency around the world.

International Transactions

Deals that involve the exchange of goods, services, or financial assets across national borders.

Asset Transactions

Financial activities involving the buying, selling, or exchange of assets, which can include tangible and intangible assets.