Question

All of the following are examples of tangible personal property used in business, except ____

A) Office furniture and equipment.
B) Computers and laptops.
C) Intellectual property and trademarks.
D) Manufacturing machinery and tools.

Answer 1

Tangible personal property used in business does not include intellectual property and trademarks.

Step-by-step explanation:

Tangible personal property refers to physical items used in business. Examples of tangible personal property include office furniture and equipment, computers and laptops, and manufacturing machinery and tools. However, intellectual property and trademarks are not considered tangible personal property as they are intangible assets.