Interested to Buy Any Domain ? << Click Here >> for more details...
What are patents
- 5 Answers
- 10650 Views
- Genpact, Nalco, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / kamlesh choudhary
Patents is legal right to an company or individual who is
make or invention by them.
| Is This Answer Correct ? | 16 Yes | 0 No |
Answer / ramya
Patent is an intangible asset. Patent Right is given for
new innovations,new process etc.
| Is This Answer Correct ? | 14 Yes | 0 No |
Answer / sravani
patent is a legal right for our inventions(or products they r uniqe from others)if any one want to produce our products they have to take permission from us
| Is This Answer Correct ? | 2 Yes | 1 No |
Answer / saurabh bahl
Patent is an exclusive right granted to the firm to produce
particular product or to use given technology on the basis
of the claim to be discoverer of the product or technology.
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / srikantpatnaik
Patents are like intangible assets. Basically the technical
people does R&D work and come out with new technology,
procedure, formula or any improvements to any existing
theories etc which can be used to generate income. So the
inventor registers the findings with the legal authorities
and anybody wants to use it, needs to have the inventor's
permission, else it would be void in law and the inventor
has the right to sue the unauthorized use. we have
accounting standard on this. I guess now the patent be
treated like a asset and provide depreciation.(or may be
amortise it over the life of the asset)
| Is This Answer Correct ? | 2 Yes | 1 No |
fill in the Blanks Working capital=____________________________
What balance will be entered in the cash book?
what is minority interest
What is a Balance Sheet & Profit & Loss Account?
Can anyone tell me that when we purchases a fixed asset like Machinery its our capital Expenditure and after acquetion of this assets the expenses like unloading loading, and some other parts for reparing purchase for this in which account i have to enter.
what is method of deperciation?
HOW TO MAINTAIN BANK A/C
Queries for Big4 Articleship : Article Vacancies application starts when?
3 Answers Deloitte, Ernst Young, KPMG, PWC,
Expand ITAT?
WHAT IS DERIVATIVE?
33 Answers FACT, FactSet Systems, India Infoline,
While processimg for vendor outgoing payments in f-53 i am getting error massage i.e.exchange rate difference incomplete in vendor g/l account and allowing me to clear the payment,how can i rectify this one,plz guide me?
What is deferred revenue?
Audit 
