Intangible assets are usually considered to have no physical substance and to be linked to legal rights.

Name: Intangible assets are usually considered to have no physical substance and to be linked to legal rights.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Intangible assets are assets that do not have a physical substance, such as patents, trademarks, copyrights, and goodwill. They are linked to legal rights and are recognized as assets on a company's balance sheet.

Intangible Assets Are Usually Considered to Have No Physical Substance