BUS311 Wk4 DIS Assignment Example | Topics and Well Written Essays - 500 words

BUS311 Wk4 DIS - Assignment Example This includes buildings and minerals. Real property can be categorized into freehold, concurrent and non-freehold estates. Freehold estates are a type of real property that an individual has the right of ownership for an indefinite period while in the case of non-freehold estates; the owner has the right of ownership for a limited period of time (Rogers 2012). Concurrent estate is property that is owned by two or more persons. Real property is immovable. Personal property is any type of property that does not fall under real property. Personal property includes any right that an individual has over movable things. Personal property can be categorized into corporeal and incorporeal forms of personal property. Personal property can be moved from one place to another. The law treats each type of property differently and so should the society. This is mainly due to the fact that the different properties have different characteristics. Businesses protect their logos through intellectual property, businesses, land and buildings are protected using the real property law and the goods that they offer to their consumers are protected by personal law. I couldn’t agree with you less. Your explanations are straight to the point and I think that giving suitable examples makes your work a masterpiece. However, I wish you would have elaborated more on how the society should treat the different types of properties. I totally agree with you when it comes to real property characteristics. However, when it comes to intellectual property I think that it is not personally owned as you have stated. That said, I think your examples on the same are correct (copyrights and patents). I also concur with you that the different types of properties should be treated differently by the society since they have different meanings and covered by different laws. The Sarbanes Oxley act was passed by congress in the year 2002. The act