What is the difference between tangible and intangible property?
Tangible and intangible property are both covered by intellectual property protection.
Tangible property is covered by intellectual property protection, but intangible property is not. ********
Neither tangible property nor intangible property is covered by intellectual property protections.
Intangible property is covered by intellectual property protections, but tangible property is not.
No.
http://www.investopedia.com/terms/i/intangible-personal-property.asp
The correct answer is that tangible and intangible property are both covered by intellectual property protection. Intellectual property refers to creations or ideas that have commercial or artistic value and are protected by legal rights. These rights allow the creator or owner to control and benefit from their intellectual creations.
Tangible property refers to physical objects that can be touched, seen, or felt. Examples of tangible property include cars, buildings, books, and furniture. These physical objects are protected under tangible property laws, such as property ownership rights, and are not specifically covered by intellectual property protections.
On the other hand, intangible property refers to assets that do not have a physical form. These include intellectual creations like inventions, patents, trademarks, copyrights, and trade secrets. Intangible property is covered by various forms of intellectual property protection, such as patent laws, trademark laws, and copyright laws. These protections aim to safeguard the rights of creators and owners of intangible assets and prevent others from using, copying, or profiting from their intellectual creations without permission.
To differentiate between tangible and intangible property, consider whether the asset is a physical object or an intellectual creation without a physical form. Tangible property can be seen and touched, while intangible property refers to intangible assets protected by intellectual property laws.