List two characteristics each of real intellectual and personalproperty. Do owners of real intellectual and personal propertyeach have the same rights under the law? List how each type ofproperty is treated under the law. Explain why it is in the bestinterest of society to treat these types of property the same ordifferently.Guided Response: Respond to at least two of your classmatespostings. Do you agree or disagree with any of their views on realintellectual or personal property? Do you agree with yourclassmates position on why society should treat property intereststhe same or differently? Explain.