Which of the Following Is NOT One of the Properties

question 41

Multiple Choice

Which of the following is NOT one of the properties of intangibility that has been identified by the research of Banwari Mittal?

• A) Nonsearchability
• B) Abstractness
• C) Incorporeal existence
• D) Dynamic vs.static
• E) Mental impalpability

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Definitions:

Positive Net Income

A financial situation where a company's total revenues exceed its total expenses, indicating profitability.

Inexpensive to Organize

Refers to the low cost associated with setting up a certain type of business structure or organization.

Personal Assets

Items or properties owned by an individual that have value.

Mutual Agency

A legal principle in partnership that allows each partner to act on behalf of the partnership, binding it in contracts and agreements.