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    Principles of Financial Accounting Study Set 1
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    Exam 9: Long-Lived Assets
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    A Patent Can Be Renewed
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A Patent Can Be Renewed

Question 59

Question 59

Multiple Choice

A patent can be renewed


A) every twenty years.
B) only after its economic life has been exhausted.
C) only if significantly defended in an infringement suit.
D) A patent can never be renewed.

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