Common Contracts
1 similar Software Transfer Agreement contracts
Software Transfer Agreement and its implications for contract, sale of goods and contractSoftware Transfer Agreement • November 7th, 2020
A company is made out of its tangible and intangible assets. While tangibles have been around since the beginning of time. Intangibles have gained value only recently, as the concept of marketing came evolved. People have eventually realised that the greatest worth of the company lies not in the physical assets it owns, but in its “Brand” or the intangibles. While the importance of intangible assets in knowledge oriented business is well established, legal and accounting definitions are still evolving to take proper care of this issue. Book value takes care of tangible assets. But intangible assets are virtually ignored. They are allowed to be booked under Goodwill and capitalised. But they are often omitted or poorly valued..
