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Which of the following is a correct statement regarding intangible assets? A) The useful life of a patent can be longer than its legal life.

Which of the following is a correct statement regarding intangible assets? A) The useful life of a patent can be longer than its legal life. B) Patents protect computer software programs. C) Franchises are granted by the federal government. or D) Intangibles with indefinite lives must be checked annually for any loss in value

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