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Characterize each of the following as either: (i) tangible personal property; (ii) intangible personal property; (iii) real property; or (iv) in need of further explanation:
Characterize each of the following as either: (i) tangible personal property; (ii) intangible personal property; (iii) real property; or (iv) in need of further explanation:
- A stock certificate for a 1885 gold mining company no longer in business.
2. A $5,000 certificate of deposit.
3. A timeshare unit.
4. Christmas trees growing on a tree farm.
5. Christmas trees for sale in a Christmas tree lot.
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