A Patent Should Be Amortized Over

question 36

Multiple Choice

A patent should be amortized over

• A) twenty years.
• B) its useful life.
• C) its useful life or twenty years, whichever is longer.
• D) its useful life or twenty years, whichever is shorter.

---

Definitions:

Canned Introduction

A pre-scripted and rehearsed opening remark used by salespeople or presenters to start a conversation or presentation.

Open-Ended Question

An open-ended question is designed to encourage a full, meaningful answer beyond a simple yes or no.

Customer Talking Time

The duration or portion of a conversation in which the customer is speaking, often used in sales and service settings to gauge customer engagement and understanding.

Presentation Stage

A phase in sales or marketing where a product or service is presented to potential buyers, highlighting its features and benefits.