please make each answer longer than 200 words

1. Explain the difference between real property and personal property. o Define real and personal property. o Give multiple examples of each type of property. o If you were buying the assets of a business why would it be important to know the difference? 2. Explain the concept of intellectual property and how it can affect how you do business. o Define intellectual property. o Give examples of intellectual property. o Explain its application to business. use examples