Intangible Property Is Property That

question 21

Multiple Choice

Intangible property is property that:

• A) cannot be sold for profit
• B) is tangible and concrete
• C) is not taxable
• D) is not for sale
• E) none of the other choices are correct

---

Definitions:

Industry-Wide Trends

General directions or patterns of change affecting an entire industry, including technologies, consumer behaviors, and regulatory environments.

Organization Chart

A visual diagram that shows the structure of an organization and the relationships among its parts.

Sociocultural Development

The process of learning and incorporating the values, beliefs, behaviors, and norms of one's culture and society.

Economic Development

The process by which a region improves the economic, political, and social well-being of its people.