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Question

The reputation of a business expressed in terms of money.

A
Capital
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B
Income
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C
Goodwill
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D
Copy rights
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Solution

The correct option is C Goodwill
Business goodwill is a key intangible asset that represents the portion of the business value that cannot be attributed to other business assets. The value of a company brand name, solid customer relations, good employee relations and patents represent value.

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