Question

define ownership and its types
8std​

Answer 1

Answer:

Ownership refers to the legal right of an individual, group, corporation or government to the possession of a thing. The subject of ownership is of two types material and immaterial things. Material ownership is that which is tangible like property, land, car, book, etc. Immaterial ownership is that which is intangible like patent, copyright, trademark, etc.

Explanation:

Hope this helps

Answer 2

Answer:

Ownership refers to the legal right of an individual, group, corporation or government to the possession of a thing. Material ownership is that which is tangible like property, land, car, book, etc. ... Immaterial ownership is that which is intangible like patent, copyright, trademark, etc.