Which of the following is NOT a characteristic of intellectual property?

Intellectual property refers to intangible creations of the mind, such as inventions, artistic works, symbols, and branding elements. It is not classified as physical property because it does not exist in a tangible form like real estate or personal belongings. Instead, intellectual property encompasses the rights that creators have over their innovative and creative endeavors, allowing them to protect their work from unauthorized use.

The other options accurately describe characteristics of intellectual property. For instance, it does provide protection for inventions and artistic creations, granting legal rights to those who create or own the intellectual property and encompassing elements like trademarks and branding that represent a business or product. By distinguishing between these intangible rights and physical property, one can appreciate the unique aspects and importance of intellectual property in the legal landscape.