An Asset That Cannot Be Sold Separately in the Market

question 116

Multiple Choice

An asset that cannot be sold separately in the market place is

• A) a patent.
• B) goodwill.
• C) a copyright.
• D) a trade name.

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Definitions:

Prn

An abbreviation for "pro re nata," a Latin phrase meaning "as needed"; often used in prescriptions to indicate that medication should be taken as required.

Tincture

A solution where a solute is dissolved into alcohol, used primarily in medicine or herbalism.

Bid

An offer made by an individual or company to buy a good or service, or to perform a job at a specified price.

Tid

An abbreviation for "ter in die," which is Latin for "three times a day"; commonly used in medical prescriptions to indicate dosing frequency.