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what is good will and what are the different types of good
will

Answer Posted / raghumohan kamtekar

Good will is current asset which we cant to see ,it is brand value of the company.
Good will very easy to think,but difficult to define.Good will
is a "Intangible asset".
Good will can be classified in to two types:
1.purchase good will(acquired by making a payment)
2.self generated good will(it arises the no.of attributes)

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