Multiple Choice
Wriglee, Inc. went to court this year and successfully defended its patent from infringement by a competitor. The cost of this defense should be charged to
A) patents and amortized over the legal life of the patent.
B) legal fees and amortized over 5 years or less.
C) expenses of the period.
D) patents and amortized over the remaining useful life of the patent.
Correct Answer:
Verified
Correct Answer:
Verified
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