True or False: Personal property is defined as anything that can be moved.

Personal property is indeed defined as anything that can be moved, which encompasses a wide range of items that are not affixed to land or structures. This type of property contrasts with real property, which includes land and anything permanently attached to it, such as buildings. Personal property can include furniture, vehicles, collectibles, and other movable assets. The definition captures the essence of personal property, making it distinct in legal and general contexts.

While other choices present variations on property types, they do not accurately encapsulate the broad and essential characteristic of personal property being movable. By understanding this definition, one can better navigate related topics in property law, transactions, and classifications, especially in contexts involving auctions or sales of personal items.