The cost of successfully defending a patent in an infringement suit should be

Question

Business

Remington

10 August, 23:24

The cost of successfully defending a patent in an infringement suit should be

+2

Answers (1)

Know the Answer?

Leyla Mathis · Answer 1

The cost of successfully defending a patent in an infringement suit should be amortized over the remaining estimated life of the patent. Amortization means adding the cost to patent account and dividing the costs of the suit by twenty years or by the remaining useful life of the patent, whichever one is shorter.