A Jurisprudential Study of Permissibility of Receiving Goodwill: An analytical approach*

The laws that regulate the relation between the landlord and tenant are amongst the most important of laws of every country. As well, the discussion concerning goodwill and the right to business and trade are among the important topics that relate to how a shop or store may be rented. Goodwill which is one of the important topics in legal, jurisprudential and economic spheres is a special type of intangible asset that represents that portion of the entire business value that cannot be attributed to other income producing business assets, tangible or intangible. The nature and literal and technical meanings of ‘goodwill’ need further research and investigation so that in the analysis concerning the various types and manifestations of goodwill the rule concerning permissibility or impermissibility of receiving or charging goodwill may be precisely and properly examined from the viewpoint of prominent jurisprudents.