A1. Helen owns heavy construction equipment and the tools to service it, as well as office furniture, including computers. Ilya owns a number of pat¬ents, trademarks that identify the products made under those patents, and stock in the company that sells those products. Personal property in¬cludes the items owned by

a.         Helen and Ilya.

b.         Helen only.

c.         Ilya only.

d.         neither Helen nor Ilya.

ANSWER:    A                              PAGE:     960                          TYPE:      N

                        NAT: AACSB Reflective                   AICPA Legal