Upon dissolution, the goodwill of the firm ___________.
A. Must be sold separately
B. Must be sold along with the assets to the firm only
C. May be sold either separately or along with the assets of the firm
D. Cannot be sold at all.
Answer:C
Upon dissolution, the goodwill of the firm ___________.
A. Must be sold separately B. Must be sold along with the assets to the firm only C. May be sold either separately or along with the assets of the firm D. Cannot be sold at all.