Indicate Three Things That Cannot Be Patented

question 93

Essay

Indicate three things that cannot be patented.

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Definitions:

Depreciation Expense

The allocation of the cost of a tangible fixed asset over its useful life, reflecting the asset's consumption or wear and tear.

Book Value

The net value of a company's assets minus its liabilities, often used to evaluate the worth of a company.

Constant Percentage

A method or rate that remains unchanged over a specified period or under certain conditions.

Capital Expenditure

Capital allocated by a business to purchase, improve, and sustain tangible assets like real estate, factories, or machinery.