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-Under the fair value (100% of goodwill) method used in Question 14 the NCI in goodwill is:
Common Law Tort
A Common Law Tort is a wrongful act or infringement of a right leading to civil legal liability, recognized by common law rather than statutory law.
Distinctive Design
A unique aesthetic feature or appearance of a product that sets it apart from others in the market.
Trademark Application
The formal request submitted to register a trademark with the appropriate authority, protecting branding elements like logos and names.
Patent Records
Official documents and files that contain the details and specifications of inventions for which patents have been granted, providing legal protection.
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