Final Answer:
Business assets that are often used for both business and personal purposes are referred to as listed property. Option A is answer.
Step-by-step explanation:
The term "listed property" is commonly used in the context of tax regulations and refers to assets that are frequently used for both business and personal purposes. These assets may include vehicles, computers, or other items that serve dual roles in business and personal activities.
The classification of listed property helps determine the eligibility for certain tax deductions and requires documentation of the extent to which the asset is used for business purposes. The options (a) Business; Personal accurately capture the dual use of these assets, emphasizing their role in both business and personal contexts.
Option A (Business; Personal) is the answer.