is a customer list an example of tangilbe personal property or intangible personal property? group of answer choices intangible personal property tangible personal property

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a customer list an example of intangible personal property.

When we talk about intangible personal property, we mean a valuable object that cannot be grasped or touched directly. Both individuals and companies are permitted to own these assets. Along with digital assets, copyrights, patents, and investments, intangible personal property can include anything with social, reputational, or image capital. Contrary to tangible personal property, which can be physically touched and has some value, such as equipment, jewelry, and electronics, intangible personal property or intangible assets are immaterial and cannot be touched.

Several categories can be used to categorize personal property, most notably tangible and intangible personal property. Anything that can be held and has a clear worth is considered tangible personal property, whereas anything that cannot be touched or held has intangible personal property.

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