Which of these is not an identifiable intangible asset?
A) Patent
B) Franchise
C) Television station license
D) None of the above, i.e., all are identifiable intangible assets

Question

Quizplus · Accepted Answer

All of the options given are identifiable intangible assets. A patent is a legal right granted to prevent others from selling or using an invention for a certain period of time. A franchise is a contract that allows an individual or company to use the trademark, products, and services of another company. A television station license is a permit issued by a government agency to operate a television station.

Which of These Is Not an Identifiable Intangible Asset