It is not true that only 'action' verbs can be intransitive. These verbs are all intransitive: I am walking, jumping, swimming, shouting, etc
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Anonymous I am specifically asking about the sentence "The chair is in the house." I understand that we could essentially replace "is" with the word "exists" and the sentence's meaning would not changeWe can't replace 'is' in that sentence with 'exists'. I believe that it is a copular (linking) verb in that sentence; it has has an adverbial complement.
AnonymousWhen the verb "to be" is followed by a prepositional phrase, it indicates location rather than a state of being.Not necessarily. A prepositional phrase does not have to indicate location.