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Sultan Ansari
on Nov 14, 2024

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An asset that cannot be sold separately in the market place is

A) a patent.
B) goodwill.
C) a copyright.
D) a trade name.

Goodwill

An intangible asset that arises when a company is purchased for more than the fair market value of its net assets, representing reputation, brand, or intellectual property.

Sold Separately

Items or services not included with the primary product and must be purchased independently.

  • Comprehend the nature and accounting practices associated with goodwill.
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Laura DanielaNov 16, 2024
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