Asked by ANGELITA BROOKS on Jun 26, 2024
Verified
Royalties can be earned from allowing others the right to use:
A) Books
B) Plays
C) Trademarks
D) All of these
Royalties
Payments made to the owner of certain types of intellectual property, rights, or assets for the use of said property by others.
Trademarks
A legal designation of exclusive use of a brand or product name, protecting it from use by others.
Books
Physical or digital records that keep track of financial transactions and accounts for a person or organization.
- Pinpoint the bases of royalty earnings and the proper procedure for their disclosure.
Verified Answer
RS
Rahul SinghJun 27, 2024
Final Answer :
D
Explanation :
Royalties can be earned from allowing others the right to use books, plays, and trademarks. Therefore, all of these choices are correct.
Learning Objectives
- Pinpoint the bases of royalty earnings and the proper procedure for their disclosure.