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Structural division: books › CHAPTER TWO › SECTION ONE
Article 109 — Goodwill and Incorporeal Elements
New Ethiopian Commercial Code Proclamation No. 1243 2021 English Version
Article text
1/ A business consists mainly of goodwill.
2/ A business may consist of other incorporeal elements such as:
a) the trade name;
b) trademark and any other designation under which the trade is carried on;
c) the right to lease the premises in which the trade is carried on;
d) intellectual property rights;
e) Such special rights as attach to the business itself and not to the trader.