Question: 2 3 Multiple Choice 3 points Wriglee, Inc. went to court this year and successfully defended its patent from infringement by a competitor. The cost

23

Multiple Choice

3

points

Wriglee, Inc. went to court this year and successfully defended its patent from infringement by a competitor. The cost of this defense should be charged to

legal fees and amortized over

5

years or less.

patents and amortized over the remaining useful life of the patent.

expenses of the period.

patents and amortized over the legal life of the patent.

2 3 Multiple Choice 3 points Wriglee, Inc. went

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