Few businesses that are for sale have a high amount of ______ value.
A) current asset
B) long-term asset
C) goodwill
D) equipment

Question

Quizplus · Accepted Answer

Goodwill represents the value of a company's brand name, solid customer base, good customer relations, good employee relations, and any patents or proprietary technology. It is an intangible asset that often becomes relevant in the sale of a business, reflecting the value beyond the physical assets.

Few Businesses That Are for Sale Have a High Amount