The goodwill of a business is property, and may be transferred together with the right to use the name under which the business is conducted. (n)
Civil Code · Book II: Property, Ownership, and Its Modifications · Title IV: Some Special Properties
Chapter 3: Trade-marks and Trade-names
Current text, as of October 24, 2026
The goodwill of a business is property, and may be transferred together with the right to use the name under which the business is conducted. (n)
Consolidated by Alleba from the text of Republic Act No. 386 (Lawphil and the Supreme Court E-Library). Book I provisions on marriage, family relations and parental authority were repealed by the Family Code (Executive Order No. 209, 1987) and are shown for reference only. For information and research only, and not legal advice. For certified copies, refer to the Official Gazette or the issuing agency.