Which of the following describes assets such as patents and trademarks?
A) Liquid assets
B) Fixed assets
C) Intangible assets
D) Current assets
E) Limited assets

Question

Quizplus · Accepted Answer

Patents and trademarks are intangible assets, which means they are non-physical assets that have value but cannot be touched or seen. Other examples of intangible assets include copyrights, brand recognition, goodwill, and software.

Which of the Following Describes Assets Such as Patents and Trademarks