Solving for future consumption as a function of current consumption allows us to write the constraint in intercept-slope form as: In the diagrams below, the curves IC o represents levels of satisfaction (or utility) received from combinations of present and future consumption activity.
What Is the Waste or Dissipation of Assets? The wasting or dissipation of assets involves the frivolous and unjustified spending of assets by a spouse. There must be more than just the mismanagement of property or spending in a way that's disapproved of by the other spouse.
Overview of Intangible Assets. An intangible asset is a non-physical asset that has a useful life of greater than one year. Examples of intangible assets are trademarks, customer lists, motion pictures, franchise agreements, and computer software. More extensive examples of intangible assets are: 1  Artistic assets.he cost of all other intangible assets developed internally should be charged to expense in the period incurred. Amortization of Intangible Assets. If an intangible asset has a finite useful life, you should amortize it over that useful life. The amount to be amortized is its recorded cost, less any residual value.