1-For each of the following, indicate if each item is an example of tangible personal property or intangible personal property.

• equipment is [ Select ] ["intangible personal property", "tangible personal property"]
• fleet of vehicles is [ Select ] ["intangible personal property", "tangible personal property"]
• office building is [ Select ] ["tangible personal property", "intangible personal property"]
• customer list is [ Select ] ["intangible personal property", "tangible personal property"]
• licensing agreement is [ Select ] ["tangible personal property", "intangible personal property"]
• mineral rights are [ Select ] ["intangible personal property", "tangible personal property"]

2-Generally speaking, ideas and naturally occurring phenomena are patentable.

Group of answer choices

True

False