Which of the following would be classified as a natural resource?
A) Land held as an investment.
B) Diamond mine.
C) Patent on an oil extraction process.
D) Goodwill.
E) Timber purchased by a lumber yard.
Correct Answer:
Verified
Q128: Natural resources are:
A) Not subject to allocation
Q129: Marks Consulting purchased equipment costing $45,000 on
Q130: A company purchased a mineral deposit for
Q131: A company purchased a tract of land
Q132: A company had a tractor destroyed by
Q134: Holding a copyright:
A) Gives its owner an
Q135: A leasehold is:
A) The same as a
Q136: A company purchased a tract of land
Q137: Owning a patent:
A) Gives the owner exclusive
Q138: A company purchased a tract of land
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