Intangible assets other than goodwill are recognized as assets apart from goodwill in a business combination only if the intangibles arise from a contractual or legal right.

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Intangible assets other than goodwill are recognized as assets apart from goodwill in a business combination if they arise from contractual or legal rights or if they are separable, meaning they can be separated or divided from the entity and sold, transferred, licensed, rented, or exchanged.

Intangible Assets Other Than Goodwill Are Recognized as Assets Apart