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XYZ Corporation has holdings that include citrus farms and the water rights to those farms. In addition, it has contracts with providers of seasonal fruit
XYZ Corporation has holdings that include citrus farms and the water rights to those farms. In addition, it has contracts with providers of seasonal fruit pickers. The corporation also owns a patent for a method of extracting ground water. Under OFAC regulations, which of these holdings would be considered property?
A Only the farms
B Only the water rights and the patent
C The farms, the water rights, the patent as well as the contracts for the seasonal farm workers
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