Which of the Following Is an Example of an Intangible

question 78

Multiple Choice

Which of the following is an example of an intangible with an indefinite life?

• A)a copyright on a song
• B)a patent on a new technology
• C)the development costs of a new drug
• D)the goodwill value assigned to the excess purchase price when purchasing a company

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Definitions:

Genetic Predisposition

A genetic effect which influences the likelihood of developing a particular condition based on the genetic makeup of an individual.

Anxiety Disorders

Mental health disorders characterized by significant and persistent fear, worry, or anxiety that interferes with daily activities.

Dissociative Amnesia

A sudden loss of memory for important personal information that is too extensive to be due to normal forgetting.

Conversion Disorder

A mental condition where psychological stress is expressed as physical symptoms, without an apparent physical cause, previously known as hysteria.