In terms of licensing,which of the following is an intangible property?
A)infrastructure
B)machinery
C)leased equipment
D)advanced computing systems
E)patent

Question

Quizplus · Accepted Answer

A patent is a type of intangible property that can be licensed. It is a form of intellectual property that gives the owner the exclusive right to prevent others from making, using, or selling the patented invention for a certain period of time. The other options listed are tangible property that can be licensed, but do not fall under the category of intangible property.

In Terms of Licensing,which of the Following Is an Intangible