What are examples of intangible property?

The correct choice identifies examples of intangible property as trademarks, copyrights, and patents. Intangible property refers to non-physical assets that hold value and can be owned and managed.

Trademarks protect brands, logos, and symbols that distinguish one product or service from another, allowing companies to build identity and consumer trust. Copyrights are legal protections granted to the creators of original works, such as literature, music, and art, ensuring that they have exclusive rights to use and distribute their creations. Patents provide inventors with the exclusive right to exploit their inventions for a set period, thus incentivizing innovation by protecting new and unique products or processes.

The other options do not accurately represent intangible property. Capital equipment refers to physical tangible assets used in production, like machinery and tools, which do not fall under the category of intangible property. Intellectual property is a broad term that includes intangible assets like the aforementioned trademarks, copyrights, and patents, but it does not specify individual examples. The option labeled "N/A" is not applicable as it does not contribute any relevant information.