NBC Company Purchased a Patent from ABC for $144,000

question 82

Multiple Choice

NBC Company purchased a patent from ABC for $144,000.At the time of purchase the patent had been in existence for 10 years.What is the first year's amortization?

• A)$7,200
• B)$18,000
• C)$12,000
• D)$14,400

Analyze the development and impact of political ideologies and theories on global order and international relations.

Identify the legal frameworks governing prisoners of war, consumer rights in electronic commerce, and competent authority in warfare.

Assess the implications of major international agreements, such as the Geneva Convention, the Uruguay Round Agreements, and NAFTA.

Understand the principles of the most favored nation and their applications in international trade.

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Definitions:

Strategic Channel Alliance

A cooperative agreement between business firms to use each other’s distribution channels to sell their products, enhancing reach and efficiency.

Direct Distribution

The process by which a company delivers its product directly to the consumer, without going through any intermediaries.

Multichannel Marketing

The practice of engaging with customers across multiple platforms or channels, including online, in-store, social media, and email, to provide a seamless experience.

Value-adding Capabilities

The ability of a company or individual to increase the worth of a product or service by improving its features, functionality, or quality.