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Question
When the value of goodwill is not specified at the time of admission of a partner is called ______.
Options
Goodwill in Kind
Hidden Goodwill
Both Goodwill in Kind and Hidden Goodwill
Neither Goodwill in Kind nor Hidden Goodwill
MCQ
Fill in the Blanks
Solution
When the value of goodwill is not specified at the time of admission of a partner is called Hidden Goodwill.
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