Which of the Following Is Regarded as a Tangible Asset

question 41

Multiple Choice

Which of the following is regarded as a tangible asset?

• A)Franchise.
• B)Goodwill.
• C)Long-term investment.
• D)Copyright.

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Definitions:

Nolo Plea

A legal plea where the defendant neither admits nor disputes a charge, allowing for a conviction without an admission of guilt.

Consent Decree

A legal agreement that resolves a dispute between two parties without admission of guilt, but with the court still retaining enforcement power.

Sherman Act

A foundational antitrust law in the United States aimed at prohibiting monopolistic business practices and ensuring competition.

United States v. Colgate & Co.

A landmark 1919 U.S. Supreme Court case that established the Colgate doctrine, allowing manufacturers to set their product prices provided they do not use coercive methods.