Match each of the following terms with the appropriate definitions.

-An exclusive right granted to its owner to manufacture and sell an item, or to use a process, for 20 years.
A)Obsolescence
B)Amortization
C)Depletion
D)Salvage value
E)Book value
F)Land improvements
G)Copyright
H)Inadequacy
I)Patent

Question

Match each of the following terms with the appropriate definitions.

-An exclusive right granted to its owner to manufacture and sell an item, or to use a process, for 20 years.
A)Obsolescence
B)Amortization
C)Depletion
D)Salvage value
E)Book value
F)Land improvements
G)Copyright
H)Inadequacy
I)Patent

Quizplus · Accepted Answer

The Answer of Match each of the following terms with the appropriate definitions.

-An exclusive right granted to its owner to manufacture and sell an item, or to use a process, for 20 years.
A)Obsolescence
B)Amortization
C)Depletion
D)Salvage value
E)Book value
F)Land improvements
G)Copyright
H)Inadequacy
I)Patent

Match Each of the Following Terms with the Appropriate Definitions