Intellectual Property
1. What are the advantages to licensing a patent versus getting an indemnity clause? 2. What are the disadvantages of licensing a patent versus getting an indemnity
clause? 3. When do you value IP at cost? (choose one)
a. For property tax purposes.
b. For internally developed IP.
c. For acquired IP.
d. For transfer pricing. 4. When do you value IP based on the benefits to the individuals or companies rather
than at fair market value? 5. When do you value IP based on fair market value? Expected length: Approximately 1/2 page. With reference cited
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