Which of the Following Statements Is False

question 11

Multiple Choice

Which of the following statements is false?

• A)A bailment exists where a person is in temporary possession of property belonging to another.
• B)Personal property denotes all types of property other than 'real' property.
• C)A chose in action is a form of tangible personal property.
• D)Ownership usually means the same thing as 'title'.

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Definitions:

Gross Private Domestic Investment

The total spending on capital goods by private businesses and households within a country's economy, not including expenditures by the government.

Capital

Refers to financial assets or the financial value of assets, such as machinery and buildings, used in producing goods and services.

Net Exports

The value of a country's total exports minus its total imports, indicating whether a country has a trade surplus or deficit.

Gross Investment

Total amount of investment in an economy, including investments in new capital assets and replacement of depreciated assets.