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Which of the Following Is Categorized Correctly

Question 28

Multiple Choice

Which of the following is categorized correctly?


A) Stocks and certificates of deposit-tangible property.
B) Property owned jointly by siblings--community property.
C) Timber grown as a crop--realty.
D) Right to a certain percentage of profits from the sales of oil and gas--mineral royalty interest.
E) Right to protect the design of the better mousetrap from production by someone else-- trademark.

Correct Answer:

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