Question

explain explain the term block of assets​

Answer 1

Answer:

The term block of assets is defined below:

Explanation:

The term block of assets is a assets group which falls within a class of assets and it comprises of the tangible assets like plant and machinery, building, m and furniture, Intangible assets like goodwill, copyright, patents and trademarks or kind of any other business or the commercial rights of the same nature.

Answer 2

Answer:

Block of assets is a group of assets falling within a class of assets comprising of: Tangible assets, being building, machinery, plant or furniture, Intangible assets, being know how, patents, copyrights, trade-marks, licenses, franchises or any other business or commercial rights of similar nature.

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