Tangible assets that are immovable: land and anything fixed to it, such as a house is a person's:
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A. B. C. D.B
The correct answer to this question is B. Real property.
Real property refers to tangible assets that are immovable, including land and anything fixed to it, such as buildings, houses, and other structures. It is also known as real estate or realty.
Real property is distinct from personal property, which includes movable assets such as furniture, clothing, and vehicles. Unlike personal property, real property is typically subject to specific laws and regulations, such as zoning laws and property tax laws.
Real property can be an investment for the owner, as it can appreciate in value over time. However, it can also be a liability if the owner is unable to maintain or repair the property, leading to decreased value or even potential safety hazards.
Open credit obligation and liability are not correct answers because they refer to debts or obligations that a person or entity owes to others, whereas real property is an asset.