If the defense of an intangible right is unsuccessful,then the firm should expense the litigation costs as incurred because they provide no future benefit.

Question

Quizplus · Accepted Answer

If the defense of an intangible right is unsuccessful, it means that the firm did not receive any future benefit from the litigation costs. Therefore, the costs should be expensed immediately as incurred.

If the Defense of an Intangible Right Is Unsuccessful,then the Firm