Which of the following refers to real estate or land
Subject : Business
Question: Which of the following refers to real estate or land that is owned by individuals or entities?
A) Asset
B) Property
C) Commodity
D) Equipment
Expert Verified Solution:
The correct answer is
B) Property.
“Property” refers to real estate or land that individuals, companies, or other entities own. This term encompasses both the physical land itself and any buildings, structures, or improvements that are permanently attached to the land. Property can be either residential, such as houses and apartments, or commercial, such as office buildings and retail spaces. Property ownership implies certain rights, such as the right to use, sell, lease, or develop the land and any structures on it. In contrast, terms like “asset,” “commodity,” and “equipment” have broader meanings and do not specifically refer to real estate or land.
- Powers of the Governor in Indian States Executive, Legislative
- Latitude of India's Northern Extremity Key Geographic Details
- Sher Shah's Administrative Reforms Influence Muhammad Tughluq
- Understanding the System of Checks and Balances in India
- Impact of Universal Adult Franchise Empowering Citizens
- Foundational Challenge Federalism Overcoming Non-Democratic
- Understanding Indian Secularism and Its Importance Key Reasons
- Cultural and Educational Rights in the Indian Constitution Articles
- Why Dalit Children Face Discrimination in Schools
- Correct Answer Conservatives vs Radicals on Chan
- Foundational Challenge to Federalism Non-Democratic Regimes
- Reasons for Division and Backwardness in Indian Society
- Why the 1857 Revolt is Called the First War of Independence
- Appendicular Skeleton and Muscle System
- Why Education Was Put Under State Control After Independence
