patent rights had an estimated life of 8 years
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A company only has the rights to a patent for a limited amount of time. ... The patent's value is dependent on the length of either its useful life or its legal life, whichever is ... $100,000 and the useful life span is 10 years; therefore, the patent's amortization is $100,000 / 10 .... Together, they cited information from 8 references.
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