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

question 97

Multiple Choice

Determine the proper classification(s) of the asset discussed in the following scenario: Victoria purchased a new show case saw for her antique business.
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, III and VI are correct.
• B)Statements II and III are correct.
• C)Only statement VI is correct.
• D)Statements II, III, and VI are correct.
• E)Statements II, IV and VI are correct.