Discussion
Intellectual Property Right is an example of :
Answer: A
Intellectual property is an example of incorporeal ownership.
Corporeal ownership is ownership of a material thing that can be seen and touched, such as land or a car. Incorporeal ownership is ownership of a right that has no physical existence, such as a copyright, patent, trade mark, debt or easement. Intellectual property protects creations of the mind, not the physical copies in which they appear, so it is the standard example of incorporeal ownership.
Beneficial and equitable ownership refer to who enjoys property held by a trustee, and contingent ownership depends on a future event; none of them describes the nature of IP.
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