Which of the Following Is an Intangible Asset

question 152

Short Answer

Which of the following is an intangible asset?
An inventory level of 1000 copies of a book
The copyright for a textbook
A printing press used in the publication of a book
A $1000 Canada Savings Bond
The building in which a book was printed

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Definitions:

Public Goods

Goods or services that are available for everyone to consume, irrespective of who pays for them, characterized by their non-excludability and non-rivalry.

Private Marketplace

A trading environment usually reserved for qualified participants, where transactions are not open to the public or general market participants.

Public Good

Goods or services that are available for all to consume, regardless of who pays for them, characterized by their non-excludability and non-rivalry in consumption.

National Defense

Public goods provided by the government to protect its citizens and territory from external threats.