Goodwill Is a Type of Tangible Capital

question 48

True/False

Goodwill is a type of tangible capital.

---

Definitions:

Chiefdoms

A form of hierarchical political organization in pre-industrial societies usually based on kinship, and characterized by a leadership role (chief) that is hereditary.

Tribes

Social groups existing before the development of, or outside of, states, often consisting of families or communities linked by social, economic, religious, or blood ties.

Political Organization

Structures and systems that societies develop to make and implement decisions, often including governments, parties, and other entities that regulate social order.

Oldest Form

The earliest version or manifestation of something, often referring to cultural practices, languages, or biological species.