Which of the Following Is Most Likely to Be an Intangible

question 105

Multiple Choice

Which of the following is most likely to be an intangible asset with an indefinite life?

• A)Licenses
• B)Franchise
• C)Patent
• D)Goodwill

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Definitions:

Happiness

A state of well-being characterized by emotions ranging from contentment to intense joy.

Crystallized Intelligence

The ability to use learned knowledge and experience, which typically increases or remains stable over a person's lifetime.

Stored Information

Data or knowledge that is saved or archived in a retrievable manner.

Age

The length of time that a person or thing has existed; a particular stage in someone's life.