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becca9780
Jul 8, 2008, 06:36 AM
Which of the following is not an intangible asset arising from a government grant?
a. Goodwill
b. Patent
c. Trademark
d. Trade name

I think the answer is d: trade name, but I'm having difficulty figuring out if it is due to a government grant. I know that goodwill and patents are intangible assets anyway, and I'm assuming that a trademark is as well because it is along the same lines as a patent, but I'm not sure...

morgaine300
Jul 9, 2008, 01:49 AM
They're all intangibles. It's not necessary to know if a trade name is due to a government grant. The question is actually getting at something else you are supposed to know about one of these intangibles. Think about it.

jaybm11
Feb 15, 2012, 01:32 AM
It's a (Goodwill). I got graded on this and got it wrong for using trade names.