Which of the following types of property cannot be physically touched?

Intangible personal property refers to assets that cannot be physically touched or possessed in a tangible way. This type of property includes assets like stocks, bonds, intellectual property rights, and bank accounts, all of which represent value but do not have a physical presence.

In contrast, tangible personal property consists of physical items that can be touched and held, such as furniture, vehicles, or clothing. Real property pertains to land and anything permanently attached to it, such as buildings or trees, and chattel refers specifically to tangible personal property that is movable, distinguishing it from real property.

Understanding the distinction between tangible and intangible property is essential in fields like funeral service, where the handling of both types can have implications for estate planning, asset management, and the distribution of an individual's belongings after death.