Question

What is goodwill payment?

Answer 1

Goodwill payment is an installment a purchaser is ready to pay for your client list and the standing that a business might have worked throughout the long term.

Also see:

• MCQs on Goodwill
• Methods of Valuation of Goodwill
• Treatment of Goodwill

Learn about more commerce questions and answers from different topics in business studies, economics and accountancy from our website.