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Answer Posted / b.balaramakrishna
Goodwill is an intangible asset of the company. Otherwise
we can call it as the name and fame of the company in th
market. For example TaTa, Birla, Bajaj,Reliance. We can
easily buy the products of the above companies without
hesitation. That means the above are having that much of
goodwill in the market.
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