Multiple choice

Ownership of goodwill of a business is

  1. a limited ownership

  2. a corporeal ownership

  3. an incorporeal ownership

  4. a beneficial ownership
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Corporeal ownership implies ownership of a thing (material object). Incorporeal ownership implies ownership of a right. Thus, ownership of goodwill of a business is an incorporeal ownership.

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