4. Bob owns a shipping business. He purchases a label making machine for the store. This item is a. Real property b. Intangible property c. Personal property d. None of the above 5. Livia owns a medical consultation business. She also enjoys fall foliage tours on the weekends during which she buys plants to decorate her home. These plants are a. Real property b. Tangible property c. Personal property d. None of the above 6. Evelyn bought rights to a recipe for spicy sauce. She makes the sauce, bottles it and sells it to local grocery stores. The legal right to the recipe is a. Real property b. Intangible property c. Personal property d. None of the above