Which of the Following Is Not Considered Real Property

question 4

Multiple Choice

Which of the following is not considered real property?

• A) buildings
• B) fixtures
• C) corn
• D) elm tree

---

Definitions:

Liquidation

The process of converting company assets into cash to pay off debts, often preceding the dissolution of the company.

Trustee

A person or firm that holds and administers property or assets for the benefit of a third party.

Assets

Resources owned by a company or individual with economic value.

Bankruptcy Law

The area of law dealing with situations where individuals or entities cannot repay their debts and seek relief through legal proceedings.