1. Explain the difference between real property and personal property. 0 Define real and personal property. 0 Give multiple examples of each type of property. 0 If you were buying the assets of a business why would it be important to know the difference? 2. Explain the concept of intellectual property and how it can affect how you do business. 0 Define intellectual property. 0 Give examples of intellectual property. 0 Explain its application to business. - use examples. 3. How can you improve your performance? (Note: nothing gets nothing.)