Match the intangible assets described with their proper classification (a-d).

-Rights to sell a book and make a profit
A)Patent
B)Copyright
C)Trademark
D)Goodwill

Question

Match the intangible assets described with their proper classification (a-d).
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-Rights to sell a book and make a profit
A)Patent
B)Copyright
C)Trademark
D)Goodwill

Quizplus · Accepted Answer

The rights to sell a book and make a profit is a type of copyright, which is the legal protection granted to creators of original works, such as books, music, and movies. Patents are granted for inventions and new processes, trademarks are granted for logos and brand names, and goodwill refers to the reputation and relationships a company has built with its customers.

Match the Intangible Assets Described with Their Proper Classification (A-D)