An asset that cannot be sold separately in the market place is
A) a patent.
B) goodwill.
C) a copyright.
D) a trade name.

Name: An asset that cannot be sold separately in the market place is A) a patent. B) goodwill. C) a copyright. D) a trade name.
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Question

Quizplus · Accepted Answer

Goodwill is an intangible asset that arises when a company acquires another business and pays more than the fair value of its net identifiable assets. It cannot be sold separately in the marketplace.

An Asset That Cannot Be Sold Separately in the Market