Briefly explain what makes goodwill different.


Goodwill is an unusual asset in that it cannot be sold individually apart from a business as a whole. If goodwill is an intangible asset, why can't it be sold like other intangible assets such as copyrights and patents? Briefly explain what makes goodwill different.

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: Briefly explain what makes goodwill different.
Reference No:- TGS0701448

Expected delivery within 24 Hours