Answer:
B. They apply only to tangible assets.
Explanation:
A principal definition of real estate is as a bundle of rights associated with the possession, use, and disposition of property. Each of the following is a fundamental characteristic of property rights EXCEPT they apply only to tangible assets.
There are two types of property rights, the real and personal property rights. Examples of real property rights are landed properties such as a commercial complex while examples of personal property rights are stocks and bonds, patents.
Property rights does not only apply to tangible assets such as lands but also applies to non tangible properties such as intellectual property's, patents and bonds.
The feelings of Tony that he is experiencing exemplifies the principle of norm of reciprocity. This is the principle where a person would feel that he or she needs to return a favor after the person whom she or he has favors with. Tony likely feels that he needs to return the favor to Martin because Martin had disclosed something personal to him in which Tony expects that he should do too.
Franklin pierce won the election :)
