what is good will and what are the different types of good
will
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Answer Posted / balu
Good will is an intangible asset. It is no profit no gain.
It is the brand image of the company.
Good will is reputation of a company/person name or fame is
called good will.
Types:
1.Purchase good will.
2. Self generated good will.
| Is This Answer Correct ? | 36 Yes | 3 No |
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