Author Question: What is the difference between a good and a service?[br][br][b][color=gray]Question ... (Read 229 times)

2125004343

  • Hero Member
  • *****
  • Posts: 566
What is the difference between a good and a service?

Question 2

The _____ clause of a contract defines all of the important terms contained within the contract and is important so everyone understands exactly what each term means.
 a. supply and delivery
 b. specifications, quality, and health, safety, environment
  c. scope of agreement
 d. force majeure
 e. definitions



carlsona147

  • Sr. Member
  • ****
  • Posts: 341
Answer to Question 1

Services often accompany goods, but they are also, by themselves, an increasingly important part of our economy, both domestically and internationally. One writer has contrasted services and products by stating that a good is an object, a device, a thing; a service is a deed, a performance, an effort. This definition captures the essence of the difference between goods and services. Services tend to be more intangible, personalized, and custom-made than goods. Services are also often marketed differently from goods. While goods are usually distributed to the customer, services can be transferred across borders or originated abroad.

Answer to Question 2

e



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

Did you know?

Asthma attacks and symptoms usually get started by specific triggers (such as viruses, allergies, gases, and air particles). You should talk to your doctor about these triggers and find ways to avoid or get rid of them.

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

For a complete list of videos, visit our video library