Which of the following is considered an example of intangible property?

Intangible property refers to non-physical assets that hold value but cannot be touched or physically measured. Goodwill represents the intangible value of a company's reputation, brand, customer relationships, and overall business potential. It often arises during mergers or acquisitions when a company's purchase price exceeds the value of its tangible assets.

The other options represent tangible property or financial instruments. Real estate, vehicles, and even stocks and bonds, while they may have elements of value, are classified differently. Real estate and vehicles are physical assets, while stocks and bonds, though they may represent ownership and financial rights, are still more akin to tangible financial instruments rather than intangible property in the traditional sense. Goodwill, by contrast, encapsulates an essential aspect of business value that is not quantified in physical form, making it a clear example of intangible property.