The purchase of a corporation's customer base is an investment in an intangible asset.

Question

Quizplus · Accepted Answer

The customer base of a corporation is considered an intangible asset because it doesn't have a physical form but has value to the company in terms of potential revenue and future business opportunities. When a company acquires another company's customer base, they are essentially buying the rights to access and potentially monetize those relationships.

The Purchase of a Corporation's Customer Base Is an Investment