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Movable property dose not include money but includes –
- a)Stocks and shares
- b)Grass
- c)Growing crops
- d)All of the above
Correct answer is option 'D'. Can you explain this answer?
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Movable property dose not include money but includes –a)Stocks a...
Movable Property and its Inclusions
Movable property refers to assets that can be physically moved or transferred from one location to another. While money is not considered movable property, there are several other items that fall under this category. The options provided in the question are as follows:
A: Stocks and shares
- Stocks and shares represent ownership in a company and can be easily transferred or sold.
B: Grass
- Grass is a natural resource that can be harvested or removed from a property.
C: Growing crops
- Growing crops, such as fruits, vegetables, or grains, are considered movable property until they are harvested.
D: All of the above
- The correct answer is D, as all of the options mentioned (stocks and shares, grass, and growing crops) are examples of movable property.
In summary, movable property includes various assets that can be physically moved or transferred. While money is not considered movable property, stocks and shares, grass, and growing crops are all examples of items that fall under this category.
Movable property refers to assets that can be physically moved or transferred from one location to another. While money is not considered movable property, there are several other items that fall under this category. The options provided in the question are as follows:
A: Stocks and shares
- Stocks and shares represent ownership in a company and can be easily transferred or sold.
B: Grass
- Grass is a natural resource that can be harvested or removed from a property.
C: Growing crops
- Growing crops, such as fruits, vegetables, or grains, are considered movable property until they are harvested.
D: All of the above
- The correct answer is D, as all of the options mentioned (stocks and shares, grass, and growing crops) are examples of movable property.
In summary, movable property includes various assets that can be physically moved or transferred. While money is not considered movable property, stocks and shares, grass, and growing crops are all examples of items that fall under this category.
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Movable property dose not include money but includes –a)Stocks and sharesb)Grassc)Growing cropsd)All of the aboveCorrect answer is option 'D'. Can you explain this answer?
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Movable property dose not include money but includes –a)Stocks and sharesb)Grassc)Growing cropsd)All of the aboveCorrect answer is option 'D'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Movable property dose not include money but includes –a)Stocks and sharesb)Grassc)Growing cropsd)All of the aboveCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Movable property dose not include money but includes –a)Stocks and sharesb)Grassc)Growing cropsd)All of the aboveCorrect answer is option 'D'. Can you explain this answer?.
Movable property dose not include money but includes –a)Stocks and sharesb)Grassc)Growing cropsd)All of the aboveCorrect answer is option 'D'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Movable property dose not include money but includes –a)Stocks and sharesb)Grassc)Growing cropsd)All of the aboveCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Movable property dose not include money but includes –a)Stocks and sharesb)Grassc)Growing cropsd)All of the aboveCorrect answer is option 'D'. Can you explain this answer?.
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