Question

the long term assets that have no physical existance

Answer 1

Explanation:

The long term assets that have no physical existence but are rights that have value is known as Intangible assets. An intangible asset is an asset that is not physical in nature. Goodwill, brand recognition and intellectual property, such as patents, trademarks, and copyrights, are all intangible assets.

Answer 2

Answer:

Long term assets have no physical existence but that have some value.

Explanation:

These asssets are intangible assets that they have not physical in nature.