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Darwin's theory of natural selection had a significant influence on the development of
Goodwill
An intangible asset representing the excess value of a company over its tangible assets and liabilities, often arising from acquisitions.
Acquisition
The process of obtaining control of another company by purchasing its stock or assets.
Fair Value
The fair market price of an asset, reflecting its current value under normal market conditions.
Excess Land Allocation
The process of assigning a portion of the purchase price of a combined investment in land and building to the land, often when the portion allocated is above the fair value.
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