Solved

Match Each of the Following Terms with the Descriptions Below

Question 241

Essay

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:

verifed

Verified

1. f
2. b
3. d
4. h
...

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents