According to the Supreme Court of Canada,the reputation of a business and its expectation of patronage in the future is synonymous with which of the following?

Question

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The Supreme Court of Canada has explicitly stated that the reputation of a business and its expectation of patronage in the future is known as goodwill. Goodwill is a valuable intangible asset that reflects the established reputation of a business and its ability to generate profits. It is an essential element of a business's brand and can be a significant factor in determining its market value.

According to the Supreme Court of Canada,the Reputation of a Business