Multiple Choice
Determine the proper classification(s) of a house owned and used by John as his principal residence.
I.Personal use property.
IV.Intangible property.
II.Business use property.
V.Real estate.
III.Tangible property.
VI.Personal property.
A) Statements I, III, and V are correct.
B) Statements I, III, and VI are correct.
C) Only statement I and V are correct.
D) Only statement V is correct.
E) Only statement I is correct.
Correct Answer:

Verified
Correct Answer:
Verified
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