If an intangible asset has a legal life of eight years but contractually the usefulness is limited to six years, a company will amortize the cost over:

six years.
seven years.
eight years.
either six or eight years is allowed.

The company will amortize the cost over 6 years.

Explanation:

Intangible assets which have a useful life that is either indefinite or identifiable.

The assets having identifiable useful lives, are amortized on the basis or method of straight-line over the legal or the economic life, which ever is short.

The assets having indefinite useful lives are assessed every year for the impairment. And the impairment losses need to evaluated by deducting the market value of the asset from the carrying value.

So, in this case, the asset has legal life of 8 years and on contract is 6 years, the company will amortize the asset over the 6 years as the intangible asset have identifiable useful lives, therefore, need to amortized over legal or economic life, which ever is shorter.

Hence, legal is 8 years and economic life is 6 years, so the short is 6 years.

being suspected of supplying drugs means you are much more likely to be charged. the amount of drugs found on you, and whether you have a criminal record, will be taken into account when a punishment is being decided.

decisions to prosecute are taken by the public prosecution service. the maximum sentences for intent to supply drugs are:

answer; whoever is willing and able to pay the price;