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Qs 48 of bpp kit chemclean part a
It says chemclean cannot use the technology for any other compound except volut.
Chemclean will have to keep updating the technology in accordance with jomaster requirements?
My doubt is how does chemclean control this asset when it has to update with jomaster requirements and can only use for one compound.
Chemclean is not able to direct its use.
Plz guide me .
Question is very strange, isn’t it?
C has paid 4 which it must either expense or recognise as intangible.
I think that, in return for the 4, the other party are doing something, as a result of which, sales are made of some product – and C gets 90% of the money. So, perhaps, that would lead me to thinking of the payment as an asset – presumably an intangible.
Questions like this are ‘open marked’ – you can still end up with full marks for alternative arguments.
This means that C does have control over the technology right and that is why c is capitalising it as an intangible asset.
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