Goodwill is nothing more than probability that the old customer will resort to the old place. This definition of goodwill was given by:
A)Spicer and Pegler
B)ICAI
C)Lord Elton
D)AICPA

Name: Goodwill is nothing more than probability that the old customer will resort to the old place. This definition of goodwill was given by: A)Spicer and Pegler B)ICAI C)Lord Elton D)AICPA
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Lord Elton defined goodwill as the probability that the old customers will resort to the old place.

Goodwill Is Nothing More Than Probability That the Old Customer