Multiple Choice
Which of the following statements is incorrect?
A) A copyright has a legal life not exceeding 70 years after the author's death.
B) A trademark is recorded on the balance sheet at an amount equal to the related research and development costs incurred.
C) A patent's legal life is 20 years.
D) A franchise's amortization period is determined by the franchise agreement.
Correct Answer:
Verified
Correct Answer:
Verified
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