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Durable property refers to assets that have a long lifespan and can withstand wear and tear over time. This includes items like real estate, machinery, and vehicles, which maintain their value and functionality for extended periods. In contrast, non-durable goods, such as food and clothing, are typically consumed quickly or have a shorter useful life. Durable property is often viewed as a stable investment due to its longevity.

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Related Questions

What is classified as durable property?

durable property


What Property classified as durable?

durable property


Which property be classifie as durable?

Being durable or durability is a property a material or a substance may or may not have and can be classified as durable.


Which property would be classified as durable vehicle fuel tools or building?

Durable property is typically classified as assets that have a long lifespan and are used in production or service delivery. Among the options provided, tools used for vehicle fuel would likely be considered durable property due to their longevity and functional purpose in the maintenance and operation of vehicles. In contrast, buildings are also classified as durable property, as they have a long-term existence and are fundamental to various business operations. Both tools and buildings qualify, but buildings are generally viewed as more significant durable property.


Which property is classified as durable?

A property that is classified as durable is an item or asset that is able to withstand wear and tear and has a long lifespan. Examples of durable properties include buildings, machinery, furniture, and vehicles.


Which property would be classified as expendables?

Being durable or durability is a property a material or a substance may or may not have and can be classified as durable.


What is a durable property in the military?

Tanks


Which would be classified as durable?

Being durable or durability is a property a material or a substance may or may not have and can be classified as durable.


What are examples of a durable property?

A diamond is very durable. It is used to cut glass and metals.


Which properties would be classified as durable?

Being durable or durability is a property a material or a substance may or may not have and can be classified as durable.


What property would be classified durable?

tools


Which property would be considered as durable?

Durable property refers to assets that have a long lifespan and can withstand wear and tear over time. Examples include real estate, vehicles, and machinery. These items typically retain value and can be used for extended periods, making them reliable investments. In contrast, non-durable goods, like food and consumables, have a short lifespan and are used up quickly.