Which of the following is a contract-related intangible assts?
A) Trademark
B) Copyright
C) Franchise
D) Patent

Question

Quizplus · Accepted Answer

A franchise is a type of contract that grants someone the right to use a company's trademark, product, or brand in exchange for payment. Therefore, it is considered a contract-related intangible asset. The other options (trademark, copyright, patent) are all forms of intellectual property, but they do not necessarily involve a contractual agreement.

Which of the Following Is a Contract-Related Intangible Assts