1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Paraphin [41]
3 years ago
12

What are the underlying reasons for the law to continue to make distinctions between real and personal property, intangible and

tangible property
Business
1 answer:
kap26 [50]3 years ago
4 0

Answer:

In trying to made distinction between the real and personal property as the law provided, there is need to define both terms.

Real properties are those properties that can not be move from one place to another, I.e, they are immovable. Example of such property is land and the building constructed on it or agricultural practices on a particular land. In some textbooks, they are regarded as fixed asset such as a manufacturing plants which are in most cases not likely to be removable after the foundation as been laid due to the heaviness of the machines.

While

Personal property are those properties that are movable and example of such is money.

So, in both properties, the nature of use and level of controls the owner have over them differs and that is why the law provided specific rules and regulations over their ownership, possession and or transferrability. As for Real Properties, the law is very strict about it since it is a rigid property and its transferrability requires deed of agreement which much must be signed by witnesses from all parties involves and registered at the deed registry. The law also provides very strict tax regulations on landed property. As for the personal property, the regulation on it is less compare to that of real since it's movable and can be asset by the owner at any time and transfer of ownership is flexible. So, the law will continue to make distinction between these two types of property as they requires different regulations and their level of control differs.

Also for the tangible and intangible property, the law will continue to make distinction between them since one can be seen and the other can't.

Tangible properties are those properties that can be seen, touch, and physically acquired or taken into possession. Example is land, Building or workshop, Automobile. e.t.c

While,

Intangible properties are those properties that can not seen physically but exist on papers. Their impact can only be felt. Example of such properties are intellectual properties that are backed by copyrights, Academic presentations protected from plagiarism, checks and certificates of deposits.

From their definition, it is important to state that law will continue to make distinction between them since the control of ownership differs.

You might be interested in
Which of these statements about cycle inventory is​ BEST? A. Cycle inventory exists to avoid customer service problems. B. Cycle
zavuch27 [327]

Answer:

<em>A. Cycle inventory exists to avoid customer service problems.</em>

<em></em>

Explanation:

Cycle inventory is the part of inventory kept by a supplier, that shows the amount of inventory available to satisfy demand. Cycle inventory allows the supplier to keep track of his available inventory so as to remove the problem of not meeting customers demand, which can led to loss of customers. And also to reduce the problem of over-storage that can lead to additional holding charge.

4 0
3 years ago
What account earns the most interest
xxTIMURxx [149]

Answer:

A bank account

Explanation:

because your money is kept safe

8 0
3 years ago
What differences would you expect to see between the kinds of influence currencies that a project manager in a functional matrix
EleoNora [17]

Project manager in a functional matrix had more lesser influence over one in a dedicated project team because:

  • the dedicated team allows a formal authority over the participants
  • the dedicated team offers a greater access to influence currencies than the project manager in a functional matrix.

<h3>Who is a Project manager?</h3>

A Project manager is a manager with the responsibiltiy of planning, organizing and directing the completion of specific projects for such organization.

<em />

In conclusion, in a functional matrix, the manager sdoes compensate for their lack of formal authority by exercising informal influence through the use of relationships and personal <em>currencies.</em>

<em />

<em />

Read more about Project manager

<em>brainly.com/question/6500846</em>

5 0
2 years ago
A lack of the resources needed to go into producing goods and services is called what
kotykmax [81]
Goods service resources
8 0
3 years ago
Which programs carry out repetitive tasks and can be programmed to make decisions based on specified conditions
Elanso [62]

Based on Machine technology fundamentals, the programs that carry out repetitive tasks and can be programmed to make decisions based on specified conditions are "<u>Intelligent agents</u>."

This is because Intelligent Agents is designed to carry out certain functions according to its environment, user input, and experiences.

<u>Intelligent agents</u> is designed with the capability to carry out or gather information on their own.

It can also be programmed to work at a specific time or when the user asks in real-time.

There are various types of Intelligent Agents. Some of these intelligent agents include the following:

  • Simple Reflex Agents;
  • Model-Based Reflex Agents;
  • Goal-Based Agents;
  • Utility-Based Agents;
  • Learning Agent;

Hence, in this case, it is concluded that the correct answer is Intelligent Agents.

Learn more here: brainly.com/question/24180103

8 0
3 years ago
Other questions:
  • Payback occurs when: a. the net cumulative benefits equal the net cumulative costs. b. the net costs are lower than the cumulati
    11·1 answer
  • According to the possible trade-off example between warships and drinking water in the text, the policy question that should be
    5·1 answer
  • Suppose the one-month billing cycle for a credit card ends on the last day of the month. On which of the following end-of-month
    10·2 answers
  • (2) _____ is the federal branch responsible for creating guidelines and monitoring workplace safety.
    13·1 answer
  • Suenette plans to save $600 at the end of Year 1, $800 at the end of Year 2, and $1,000 at the end of Year 3. If she earns 3.4 p
    15·1 answer
  • Recalling the competency pyramid studied in this chapter, what is the difference between a personal competency and an academic c
    6·1 answer
  • Oregon Forest Products will acquire new equipment that falls under the five-year MACRS category. The cost is $500,000. If the eq
    14·2 answers
  • Xunder the original constitution, congress could not ban the slave trade until ________.
    7·1 answer
  • Suppose the marginal propensity to consume is 0.8 and the government cuts taxes by $40 billion. real gdp will _____ by _____.
    8·1 answer
  • A ________ is considered a planned activity to achieve a specific business objective.
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!