A patent is amortized over its expected useful life or 20 years. The expected useful life can be impacted by all of the following except

A) a unsuccessful lawsuit against a competitor.
B) the federal government renewing the original patent.
C) technical innovations by a competitor.
D) product improvements by the patent holder.


B

Business

You might also like to view...

A graphic diagram that tells the story of a customer's experience in the buying process, from need awareness through to the post-purchase relationship, is called

A. a focus group. B. a survey. C. a journey map. D. quantitate research. E. ethnographic research.

Business

A company reported total equity of $145,000 at the beginning of the year. The company reported $210,000 in revenues and $165,000 in expenses for the year. Liabilities at the end of the year totaled $92,000. What are the total assets of the company at the end of the year?

A. $92,000. B. $210,000. C. $45,000. D. $282,000. E. $98,000.

Business

Whereas a job description identifies the requirements of a certain position, the job specification identifies the duties and responsibilities of the job

Indicate whether the statement is true or false.

Business

Informal efforts, as opposed to official job assignments, in which employees work to create new products and processes of their own choosing and initiative refer to

A. sponsorship. B. spin-offs. C. horse trading. D. bootlegging. E. skunkworks.

Business