Question

All objects that we possess as individual make ___________property. Fill in the blank

Answer 1

Answer:

All objects that we possess as an individual make personal property. Such properties are individually owned by people and are mostly movable in nature. Also, it is passed down to their heirs.

Personal property can include any type of asset except real estate. Examples are car, house, jewellery, etc. The location and ownership of such properties can be changed as well.

Answer 2

All objects that we possess as an individual make personal property.

Explanation:

• Personal property consists of tangible and intangible items and things.  

• Tangible things refer to items that can be moved like a car, furniture, jewelry, appliance, clothing, household goods and more.  

• The intangible items are like bonds, shares, stocks, securities, other intangible assets, and more items.  

• The owner of all these items and goods is the individual. These items and goods are for personal use and belong solely to the individual.