A property which does not involve movable or immovable property is called as?
Answer & explanation
Correct answer: option 3
Intellectual property is another kind of property which does not involve movable or immovable property. Any work such as invention, artistic work or literary work, design, symbol, name, image, etc. created by the knowledge or intellectual capacity of a person is called intellectual property. Such intellectual property can be protected by law. The following are the types of intellectual property: Trademarks; Patents; Copyrights; Designs; Geographical indications.