Which of the Following Intangible Assets Does Not Have the Characteristic

question 55

Multiple Choice

Which of the following intangible assets does not have the characteristic of exchangeability?

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

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Definitions:

Import Quota

A government-imposed limit on the quantity of a specific good that can be imported into a country, aimed at protecting domestic industries.

Tariff

A tax imposed on imported goods, often used to protect domestic industries from foreign competition and to raise government revenue.

Tax Revenue

The income that is gained by governments through taxation, which is used to fund public expenses.

Import Quota

A government-imposed limit on the quantity of a specific good that can be imported into a country.