Discuss on the right to recognition, and ‘intellectual property rig

Q: How will we recognise any fair value gain arising from a change in fair value of an investment…

A: Investment Property:   An investment property is a property in the form of land or building that are…

Q: Explain how to account for one of these assets:  Patents,  Trademarks, Goodwill, or Natural…

A: Goodwill is an intangible asset. In layman terms it means reputation. Goodwill is the additional…

Q: Explain the Costs of Defending Intangible Rights.

A: Intangible assets are the assets that cannot be seen physically, but its' presence in business have…

Q: Which are the Methods of Title Assurance?

A: The methods of title assurance are as follows: Title covenants Title opinion based on public record…

Q: WHAT IS LEGAL LIFE OF THE ASSET?

A: SOLUTION- LEGAL LIFE OR USEFUL LIFE OF ASSET- AN ASSET LEGAL LIFE IS THE PERIOD OF TIME (OR TOTAL…

Q: Describe the approaches for measurement of fair value.

A: When measuring fair value of fixed assets, intangible assets, specified financial assets or…

Q: Intangible assets, such as patents, trademarks, and copyrights, are referred to as tangible assets.…

A: This question explains about intangible assets, such as patents, trademarks, and copyrights, are…

Q: A patent's copyright and trademarks are which assets?

A: Assets Assets are basically the resources of a company that helps to generate income in businesses…

Q: What is the relationship between principle-agency theory, separation of ownership, and controversy?

A: Corporation there are shareholders who are the owners of the company but they do not run the company…

Q: Patents are asset, liability, quity, revenue or expense?

A: Assets: These are the resources owned and controlled by business as a result of a past transaction…

Q: 3. What determines the timing of revenue recognition with respect to licenses of symbolic…

A: Financial Accounting Standards Board (FASB): FASB is an independent 7 member board, of accounting…

Q: why does fair value seeking for an acquisition?

A: Reasonable worth is a term with a few implications in the monetary world. In contributing, it…

Q: How do you determine the market value of a patent?

A: Patent is an intangible asset of the company that is created after putting research and development…

Q: How is a trademark different from a license?

A: Trademark A trademark is the familiar logo or catchphrase that consumers associate with a certain…

Q: Which of the following can be classified as an intangible asset? Trademark and Goodwill Account…

A: Asset: Asset is something that gives future benefits to the holder. The asset is mainly classified…

Q: ownership of the idea for an invention. O True O False

A: A trademark is usually a word , symbol or a combination of both of these which identifies and…

Q: Define copyright

A: Definition:   Intangible assets: These are the long-term assets that are not physical in nature, but…

Q: Why was land registration a critical issue in maintaining property rights?

A: The primary goal of property rights, as well as their primary accomplishment, is to eliminate…

Q: Briefly explain Intellectual Property Rights

A: solution Intellectual property rights               Intellectual property rights is the property…

Q: Explain how securitisation works and what the role is of each party involved during the process

A: Financial securities are the instruments that are used by investors to invest their funds and money…

Q: Which of the following term relates to Copyrights, Patents and Trademarks? O a. Investments O b.…

A: Intangible assets are those assets which do not have any physical existence and it's very difficult…

Q: Describe required fair value disclosures.

A: Accounting is primarily concerned with identifying, recording, measuring, summarizing transactions…

Q: What is a patent acquired to protect an original patent.

A: Patent refers to an intangible asset that provides an exclusive right for an invention, which can be…

Q: a) Explain the concepts: Single Entity Concept, Control and Fair value.

A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: Required: Explain the differences between copyright, trademarks, patents and designs In your answer,…

A: Trademarks is a element of branding  A trade mark is a sign which distinguishes the goods or…

Q: Granting the exclusive right or privilege to another party for the performance of certain functions…

A: Intangible assets are those assets which can not be seen or touched.

Q: Define and provide an example for  Personal property

A:

Q: An exclusive right connected to an invention is called However if it is the right to produce, sell,…

A: Current Asset - Cash and other assets which can be realised into cash within a year . Licence - It…

Q: What is the difference between real property and personal property?

A: Real property can be described as a property in which the things are attached to the land.Because it…

Q: Define civil law

A: Introduction: Civil law is a form of rules that govern usual private substances, distinct from laws…

Q: What are the key elements of the definition of ‘fair value’? Explain the effects of inclusion of…

A: Fair value is the price that would be received to sell an asset or paid to transfer a liability in…

Q: Which of the following cannot be protected as intellectual property?   a. an idea   b. an…

A: As per IAS/IFRS 38 intellectual property is an legal right which safeguard the interest of creators…

Q: Describe the Costs of Defending Intangible Rights.

A: Introduction Intangible assets are the assets that cannot be seen physically, but its' presence in…

Q: Identify something that you own. Write a sentence to describe how you do (or could do) each of these…

A: Property is referred to as an abstract, which used to belong to someone with the something, whether…

Q: Define copyrights.

A: Definition:   Intangible assets: These are the long-term assets that are not physical in nature, but…

Q: How might a license for symbolic intellectual property be treated differently under IFRS as compared…

A: International Financial Reporting Standards: They are commonly known as IFRS. These are set of…

Q: nd u

A: Yes, there items of private properties that should be own privately like home and land and…

Q: s it true that legal enforceability of a right, for example ownership, is necessary for control over…

A: Legally enforceable right states that the right to set off need to be contingent on the future event…

Q: A “know-how" is an alternative name for the copyright. *

A: False Copyright  is different from Know how Copyright legal right of the owner of intellectual…

Q: What are the differences among a patent, a copyright, and a trademark?

A: Copyright: The work to be protected should be physical in nature and shouldn't be copied from anyone…