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Phantasy [73]
3 years ago
13

______ - _____ property is any property such as clothing, a home, or a car, that is for purposes OTHER THAN use in a trade, busi

ness, or income-producing venture. Machinery, furniture, and any other tangible property other than buildings and land is designated as ____ property. The term that includes buildings and land is ____ property.
Personal-use
Personal
Real
Business
1 answer:
abruzzese [7]3 years ago
6 0

Answer:

Personal-use

Personal

Real

Explanation:

There are three types of properties which are shown below:

1. Personal use: These properties which are used by a person for their personal purpose rather than business purpose like - clothing, jewelry, home, car for their comfort and enjoyment.

2. Personal: These include those properties which are movable or transferable for one place to other like - machinery, furniture, other building,  etc as per the needs.

3. Real: These properties include properties that are non-movable i.e land, building, canals, etc. This is also known as immovable properties.

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