Which of the following intangible assets cannot be sold by a business to raise needed cash for a capital project?
A) Patent.
B) Copyright.
C) Goodwill.
D) Brand Name.

Question

Quizplus · Accepted Answer

Goodwill is an intangible asset that represents the value of a business's reputation, customer relationships, and brand image. However, it cannot be sold separately from the business as it is a part of the overall value of the business. Therefore, a business cannot sell goodwill to raise capital for a capital project. Patents, copyrights, and brand names, on the other hand, can be sold by a business to raise needed cash.

Which of the Following Intangible Assets Cannot Be Sold by a Business