Examlex
What response would you expect if you attempted to hand toys to a typical 13-month-old infant?
Goodwill
An intangible asset that arises when a business is acquired for more than the fair value of its net identifiable assets.
Intangible Asset
An asset that lacks physical substance, such as intellectual property or brand recognition.
Identifiable
Able to be recognized or distinguished as separate from other assets or liabilities within a company.
Separable
Capable of being divided or detached from a larger entity or group, often relating to assets that can be sold, transferred, or dissected from an organization.
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