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Question
Ownership of goodwill of a business is _______.
Ownership of goodwill of a business is _______.
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Solution
The correct option is D Incorporeal ownership
The goodwill is something which cannot be seen or touched. But it does exist an can be felt. In case of businesses, the good will is an important part of its growth. It can be referred to an intangible asset for the business. The ownership of the business is incorporeal in nature, as it cannot be seen, touche but can be felt. The correct answer is D.
The goodwill is something which cannot be seen or touched. But it does exist an can be felt. In case of businesses, the good will is an important part of its growth. It can be referred to an intangible asset for the business. The ownership of the business is incorporeal in nature, as it cannot be seen, touche but can be felt. The correct answer is D.
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