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Explain the failure of the Scared Straight program.
Tangible Property
Physical assets that can be seen, touched, and valued, such as land, buildings, vehicles, and other items with physical presence.
Intangible Property
Refers to non-physical assets that hold value, such as intellectual property, trademarks, and copyrights.
Real Property
Land and anything permanently attached to it, such as buildings and trees.
Negotiable Document of Title
A legal document representing the ownership and entitlement to the possession of goods, which can be transferred by endorsement or delivery.
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