mention four characteristics of goodwills
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It is an intangible asset as it connot be seen or touched but it's presence can be felt.
It is not a ficticious asset.
It cannot be sold solely as it cannot be separated from the business.
The value of goodwill fluctuates frequently.
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1) It is an intangible asset as it connot be seen or touched but it's presence can be felt.
2) It is not a ficticious asset.
3) It cannot be sold solely as it cannot be separated from the business.
4) The value of goodwill fluctuates frequently.
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