A patent is amortized over its expected useful life or 20 years.The expected useful life can be impacted by all of the following except
A)a successful lawsuit against a competitor
B)the federal government renewing the original patent
C)technical innovations by a competitor
D)product improvements by the patent holder

Question

Quizplus · Accepted Answer

The federal government renewing the original patent would not impact the expected useful life of the patent, as the renewal would simply extend the patent protection for an additional period of time. The other choices could potentially impact the useful life of the patent by making it less valuable or reducing its market share.

A Patent Is Amortized Over Its Expected Useful Life or 20