Match each of the following terms with the descriptions below by supplying the letter of the correct term.
a. Leasehold
b. Trademark
c. Copyright
h. Noncompete covenant
d. Patent
i. Franchise
e. Customer list
f. Goodwill
g. Software
h. Noncompete covenant
i. Franchise
j. Research and development
___ 1. The amount paid for a business in excess of its fair market value
___ 2. A registered symbol or name to identify a product or service
___ 3. An exclusive right for 20 years to produce a particular product
___ 4. A contract restricting the rights of others to operate in a specific industry
___ 5. A right to occupy land or buildings under a long-term rental contract
___ 6. An exclusive right to sell literary, artistic, or musical works and computer software
___ 7. Capitalized costs associated with computer programs developed for sale, lease, or
internal use
___ 8. A right to an exclusive territory or market
___ 9. A planned search for a new product, as well as pure research
___ 10. Access to the names of subscribers or patrons
Correct Answer:
Verified
2. b
3. d
4. h
...
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q204: A truck that cost $20,000 and on
Q208: Under what circumstances will a loss be
Q213: Present two arguments in favor of the
Q233: On January 1, 2008, North Side Manufacturing
Q234: On January 1, 2005, Town Spa Pizza
Q235: On January 1, 2005, Mal's Pizza purchased
Q236: For each of the following descriptions, provide
Q237: Leroy Mining Company purchased land containing an
Q238: On January 2, 2009, Topanga Company purchased
Q239: In 2010, Massachusetts Mining purchased a mineral
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents