Question

Which of the following is a nature of goodwill?

• A. Rat goodwill
• B. Cat goodwill
• C. Dog goodwill
• D. All of these

Hint:

Different names of goodwill (rat, cat, dog) help remember their stability: rat = temporary, cat = local, dog = loyal and permanent.

Answer 1

The Correct Option is D

Step 1: Concept of types of goodwill.
Goodwill has been categorized in various descriptive forms to indicate its nature and stability.
Step 2: Explanation of each.
- Rat Goodwill: Very unstable, can disappear quickly if conditions change.
- Cat Goodwill: Local goodwill, limited to a particular area; like a cat attached to a home, it does not move easily.
- Dog Goodwill: Stable and loyal, customers remain attached to the business for long, like the loyalty of a dog.
Step 3: Conclude.
Since all three (rat, cat, and dog goodwill) are recognized types, the correct answer is “All of these”.
Final Answer: \[ \boxed{\text{All of these}} \]