Determine the Proper Classification(s) of the Asset Discussed in the Following

question 55

Multiple Choice

Determine the proper classification(s) of the asset discussed in the following scenario: Judge Ruiz purchased a new brass-trimmed gavel to use in her courtroom.
I.Personal use property.
IV.Intangible property.
II.Business use property.
V.Real estate.
III.Tangible property.
VI.Personal property.
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• A)Statements I and III are correct.
• B)Only statement VI is correct.
• C)Statements II and III are correct.
• D)Statements II, III, and VI are correct.
• E)Statements II and VI are correct.

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Definitions:

Farther

Used to describe a greater physical distance when comparing two or more points.

Testing

The process of evaluating the functionality, performance, or quality of a product, system, or concept through examination and trial.

Walked

The past tense of walk, indicating movement by foot at a steady pace.

Active Voice

The active voice is a grammatical structure wherein the subject of a sentence performs the action of the verb, making the writing clear and direct.