Match These Terms with Their Correct Definition

question 10

Multiple Choice

Match these terms with their correct definition.
-right to exclusive use of a distinctive name,phrase,or symbol

• A)franchise
• B)intangible operating assets
• C)natural resources
• D)operating assets
• E)organizational costs
• F)property, plant, and equipment
• G)trademark
• H)voluntary disposal

---

Definitions:

Breach

The action of violating or not adhering to a rule, contract, or ethical guideline.

Inspect

The act of examining or reviewing something carefully to determine its condition or to ascertain compliance with specific requirements or standards.

Merchantable

A legal term meaning something is of sufficient quality to be sold, meeting reasonable expectations for its kind.

Uniform Commercial Code

A comprehensive set of laws governing all commercial transactions in the United States, intended to standardize and simplify the laws related to commerce and sales.