Amanda Miranda owns a soft drink manufacturing company that makes Fizzy Dizzy soda. She asks you to determine if she has any intangible property. Which of the following items would you tell her are intangibles?

Question

Quizplus · Accepted Answer

All of the listed items are intangible property. The secret formula is a trade secret, which is a type of intangible property. The patented design of the bottle and the patented name of the product are both forms of intellectual property, which are also considered intangible assets.

Amanda Miranda Owns a Soft Drink Manufacturing Company That Makes