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    Principles of Taxation
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    Exam 9: Nontaxable Exchanges
  5. Question
    The Goodwill of One Business Is Never of a Like-Kind
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The Goodwill of One Business Is Never of a Like-Kind

Question 35

Question 35

True/False

The goodwill of one business is never of a like-kind to the goodwill of a different business.

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