BUS 311 Week 4 – Discussion 1

Two characteristics of real, intellectual, and personal property

http://Get Plagiarism-Free and Quality Papers Without Overpaying at Homeworkmavens.com

http://Solution preview:

There are three different types of property: real property, intellectual property, and personal property. Rogers (2012) states, “Real property consists of land and all things permanently attached to it” (p. 220). For example, in addition to land, buildings, homes, and trees are all considered real property (unless the tree is removed and chopped up for firewood, then it is no longer regarded as real property). Due to its nature, real property is also very difficult if not impossible to move. Intellectual property is intangible property such as expressed ideas, patents, trademarks, and copyrights (Rogers, 2012).

Due to its unique nature, intellectual property generally stems from the creative process. Personal property is the most common type of property. Rogers (2012) states that a defining characteristic of personal property is that it is portable. Anything like a tree, which is customarily considered real property, becomes personal property if it is cut down and changed to timber, which is now portable. Personal property is also further divided into tangible personal property and intangible personal property. Tangible personal property has a physical existence (Rogers, 2012) such as wood from the aforementioned uprooted tree, laptops, and books.

Just in case you need an assignment done, hire us. Using our writing services will make your life easier because we deliver exceptional results. Use us to get an A!

We are the Best!


275 words per page

You essay will be 275 words per page. Tell your writer how many words you need, or the pages.

12 pt Times New Roman

Unless otherwise stated, we use 12pt Arial/Times New Roman as the font for your paper.

Double line spacing

Your essay will have double spaced text. View our sample essays.

Any citation style

APA, MLA, Chicago/Turabian, Harvard, our writers are experts at formatting.

We Accept

Secure Payment
Image 3

Subjects We Cover