Asked by
Melany Suarez
on Nov 14, 2024
Verified
Which of the following isnot considered to be an intangible asset?
A) a copyright
B) an oil well
C) a franchise
D) a patent
Intangible Asset
An asset that lacks physical substance, such as patents, trademarks, goodwill, and copyrights, which can nonetheless provide economic benefits.
Oil Well
A drilling operation focused on extracting petroleum or natural gas from underground reservoirs, usually involving significant exploration and investment.
- Identify various types of intangible assets and their characteristics.
Verified Answer
DS
Learning Objectives
- Identify various types of intangible assets and their characteristics.