Question Details

Copyrights give the owners an exclusive right to reproduce 



TRUE OR FALSE:
1.	The cost of a patent should be amortized over its 20-year legal life or useful life, whichever is shorter.

	2.	Copyrights give the owners an exclusive right to reproduce and sell an artistic work.

	3.	If an acquired franchise or licence is for an indefinite time period, then the cost of the asset should not be amortized.

	4.	When an entire business is purchased, goodwill is the excess of cost over the book value of the net assets (assets less liabilities) acquired.
5.	Research and development costs which result in a successful product which is patentable are charged to the Patent account.




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