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

question 59

Multiple Choice

Determine the proper classification(s) of the asset discussed in the following scenario: "Cher receives a copyright for a new song she has written"
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 IV is correct.
• C)Statements II and IV are correct.
• D)Statements II, IV, and VI are correct
• E)Statements II and VI are correct.

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Definitions:

Striated

A type of muscle tissue marked with stripes or striae.

Bones

The rigid organs that constitute part of the endoskeleton of vertebrates, providing structure, protection to other systems, and assisting with bodily movements.

Muscle Tissue

A type of body tissue that contracts to produce movement, composed of muscle fibers.

BRCA Analysis

Genetic testing that identifies mutations in BRCA1 and BRCA2 genes, which are linked to an increased risk of breast and ovarian cancer.