Which of the Following Is not Considered an Intangible Asset

question 31

Multiple Choice

Which of the following is not considered an intangible asset?

• A)Goodwill
• B)An oil well
• C)A franchise
• D)A patent

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Definitions:

Extreme-value Retailers

Stores that provide products at significantly lower prices than those of their competitors, often focusing on discount or budget items.

General Merchandise

A broad category of products that encompasses a wide variety of goods, often sold by large retail chains.

Low-income Customers

Individuals or households with minimal disposable income, representing a consumer segment that may require specifically tailored marketing approaches.

Warehouse Environments

Settings or spaces designed for the storage, handling, and management of goods and materials, often including facilities and equipment for efficient inventory control and distribution.