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Question
What is the nature of goodwill?
What is the nature of goodwill?
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Solution
The idea of altruism can be portrayed as follows:
- Goodwill is a theoretical fixed resource. It is theoretical on the grounds that it has no actual presence. It can’t be seen or contacted.
- It has an unequivocal worth relying upon the productivity of the business endeavor.
- It can’t be isolated from the business.
- It helps in procuring more benefits and draws in more clients.
- It tends to be bought or sold just when the business is bought or sold in full or to some degree.
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Stay tuned to BYJU’S to learn similar Commerce Questions.
The idea of altruism can be portrayed as follows:
- Goodwill is a theoretical fixed resource. It is theoretical on the grounds that it has no actual presence. It can’t be seen or contacted.
- It has an unequivocal worth relying upon the productivity of the business endeavor.
- It can’t be isolated from the business.
- It helps in procuring more benefits and draws in more clients.
- It tends to be bought or sold just when the business is bought or sold in full or to some degree.
Also see:
Stay tuned to BYJU’S to learn similar Commerce Questions.
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