Marlon intends to sell a piece of real estate he owns and contracts nita, a real estate broker, to make the sale. in the contract, marlon authorizes nita to make the sale at or above a minimum price he wants and the date by which he wants the sale to be completed. the contract also stipulates that marlon will not hire another broker to sell that piece of land until the contract period expires. nita finds a suitable buyer, makes the sale in time, and is paid by marlon for her services. what kind of contract existed between marlon and nita?

In early january, burger mania acquired 100% of the common stock of the crispy taco restaurant chain. the purchase price allocation included the following items: $4 million, patent; $3 million, trademark considered to have an indefinite useful life; and $5 million, goodwill. burger mania's policy is to amortize intangible assets with finite useful lives using the straight-line method, no residual value, and a five-year service life. what is the total amount of amortization expense that would appear in burger mania's income statement for the first year ended december 31 related to these items?