Can goodwill be recorded as goods? Attachment que 2
No Goodwill is an intangible asset and it is not covered under definition of goods. Goods means every kind of MOVABLE property.
But u can see in the above que that actionable claims are not goods that means the remaining option i.e goodwill is considered as good and also u may have known the fact patents can be sold or purchased so goodwill can't be also sold or purchased ? But I am confused abt the correct ans