Which term describes property that can be touched, such as furniture?

Unlock all questions

This demo includes only 20 questions. Upgrade to access hundreds of questions, flashcards, exam simulations, and disable ads.

Full question bankExam simulationsFlashcards
From $9.99Unlock all

Study for the Cannon Trust School Level I Exam. Learn with flashcards and multiple-choice questions, each with detailed hints and explanations. Prepare confidently for your exam and gain certification!

Multiple Choice

Which term describes property that can be touched, such as furniture?

Explanation:
Touchable describes what a thing is like when it has a physical form. If you can touch it, it’s tangible property. Furniture is a physical object you can hold and move, so it fits this term perfectly. Intangible refers to non-physical assets like patents or goodwill. Real property means land and buildings, which isn’t about being touchable. Personal property covers movable items, including furniture, but the key descriptor here is the ability to touch, which makes tangible the best fit.

Touchable describes what a thing is like when it has a physical form. If you can touch it, it’s tangible property. Furniture is a physical object you can hold and move, so it fits this term perfectly. Intangible refers to non-physical assets like patents or goodwill. Real property means land and buildings, which isn’t about being touchable. Personal property covers movable items, including furniture, but the key descriptor here is the ability to touch, which makes tangible the best fit.

More Multiple Choice Questions
Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy