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Indiana Law - How is Goodwill Counted?
Goodwill arises when the business is worth more than the tangible assets. Things such
as reputation, a desirable location, a unique product, and so on, can all-but-guarantee
an earnings stream, and so make the business have more value than simply its tangible
assets.
Cases:
Porter (1988) 526 NE2d 219 (goodwill allowed in valuing a medical practice).
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