Which of the Following Is Not a Category of Intellectual

question 48

Multiple Choice

Which of the following is not a category of intellectual property law?

• A)Copyright law.
• B)Trademark law.
• C)Patent law.
• D)Contract law.

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Definitions:

Write Off

An accounting action taken to recognize that an asset has lost its value and is removed from the balance sheet.

Cash

Money in the form of coins or banknotes, especially that used to operate a business on a day-to-day basis.

Prior Year Financial Statements

Reports that detail a company's financial performance in the previous fiscal year, including the income statement, balance sheet, and cash flow statement.

Bad Debt Expense

This is an expense account reflecting the cost of accounts receivable that a company does not expect to collect.