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Answer Posted / kalyan
goodwill means positive hope about a company in the market.
for ex:if a company is performing very good in mkt.that
company has goodwill in mkt.if any new partner is entering
into the business,that person is asked to pay some amount as
goodwill other than capital as he is enjoying posotion of
company
| Is This Answer Correct ? | 16 Yes | 1 No |
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