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Question - Concept of Goodwill

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State any three circumstances other than (i) admission of a new partner; (ii) retirement of a partner and (iii) death of a partner, when need for valuation of goodwill of a firm may arise.

State any three circumstances other than (i) death of a partner; (ii) admission of a partner and (iii) retirement of a partner, when need for valuation of goodwill of a firm may arise.

List the circumstances under which need for valuation of goodwill of the firm may arise.

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