Match Each of the Following Intangible Assets with Its Proper

question 59

Multiple Choice

Match each of the following intangible assets with its proper general category.
-Patented IT program

• A)Artistic
• B)Goodwill
• C)Customer
• D)Marketing
• E)Technology
• F)Contract

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Definitions:

Dividend

A payment made by a corporation to its shareholders, usually as a distribution of profits.

Fiduciary Duty

An obligation under the law for an individual to prioritize another's interest, often involving someone trusted with managing finances or assets.

Special Litigation Committee

A committee often formed within a corporation's board of directors to decide on legal strategies or manage specific litigation matters, especially in derivative lawsuits.

Derivative Suit

A lawsuit brought by a shareholder on behalf of a corporation against a third party, often its officers or directors, for harm done to the corporation.