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An electronics store puts a large screen TV, wired for surround sound, in a quiet corner of the store with couches and a rug, and plays a recently released movie. These actions give the display the look of a family room or den. The store is using the physical surroundings as a way to influence purchase decisions.
Tangibility
Tangibility refers to the quality of being perceptible by touch or being material, as opposed to intangible assets like patents or copyrights.
Inheritance
The assets, rights, and obligations passed down to heirs or legal successors after someone dies.
Mislaid Property
Refers to personal property that is unintentionally left by its owner in a place where it is likely to be found and cared for, such as leaving a book in a cafe.
Abandoned Property
Property that has been discarded by its owner, who has no intention of reclaiming it.
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