After reading the financial statements and footnotes of a company that follows IFRS, an analyst identified the following intangible assets:
product patent expiring in 40 years;
copyright with no expiration date; and
goodwill acquired 2 years ago in a business combination.
Which of these assets is an intangible asset with a finite useful life?
Product Patent Copyright Goodwill A Yes Yes No B Yes No No C No Yes Yes
