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In intangible assest, patents ,trade marks,copy rights we
can feel or some thing can be done but what about goodwill?

Answer Posted / chandana

Goodwill is considered as an intangible asset. Goodwill
means the name and fame and reputation of a company.
Through goodwill a company can get good recognition in the
market and it can easily secure loans from the financial
institution for its expansion and other activites.

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