A Copyright Would Be Classified as Tangible Personal Property

question 15

True/False

A copyright would be classified as tangible personal property.

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Definitions:

Present For Payment

The act of making a financial instrument, like a check or promissory note, available to the person obligated to pay on or by its due date.

Drawee Bank

is the bank upon which a check is drawn, meaning it is the bank where the check issuer has an account from which the check amount is to be paid.

Primarily Liable

The main responsibility or obligation to pay a debt or fulfill a contractual duty.

Secondary Liability

Legal responsibility imposed on a party for the actions of another, based on a relationship or specific circumstances.