Which of the Following Is Considered Real Property in Legal

question 34

Multiple Choice

Which of the following is considered real property in legal terms?

• A)Chattels
• B)Land
• C)A claim against someone that has value
• D)Intellectual property (ideas and creative work)
• E)Intangible property or chose in action

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Definitions:

Capitalist Economic System

An economic system where private individuals or businesses own capital goods and the production of goods and services is based on supply and demand in the market.

Social Norms

Unwritten rules and expectations for behavior within a society or group, guiding individual actions and interactions.

Division Of Labor

The allocation of different tasks and responsibilities to specific individuals or groups in a society or organization to increase efficiency.

Collectivism

A cultural value or social outlook that emphasizes the importance of groups and community over individual achievements or desires.