An exclusive right given to an entity of individual or business firm to manufacture or sell
an invention is known as
Sol:

Related MCQs

• An exclusive legal right in the form of Logo, Brand, Symbol, Name of Design is known as ---- Sol:
• The individual field in the sheet is known as a _________. Sol:
• A bundle of rights given by law to the creators of literary, artistic, dramatic, musical work is known as Sol:
• AB are two partners in a firm, as per the terms of agreement partners drawing will carry interest @ 10%. If A has drawn funds from business as per the details given below. Find the interest for the year ended 31.12.2012 01.04.2012 ` 20,000 01.06.2012 ` 10,000 01.09.2012 ` 20,000
• The excess amount which the firm can get on selling its assets over and above the saleable value of its assets is called Sol:
• A firm’s goodwill is not affected by Sol:
• A firm earns ₹1,00,000. The normal rate of return is 10%. The assets of the company amounted to ₹11,00,000 and liabilities to ₹1,00,000. Value of goodwill by the capitalization of average actual profit will be Sol:
• It refers to the system of recording, organising, summarising, analysing, interpreting and communicating the financial data of a business. Sol:
• This is the kind of software which is specifically designed for meeting the requirements of a particular business. Sol:
• The monetary value of reputation of business is called Sol: