Author Question: What is the difference between a good and a service?[br][br][b][color=gray]Question ... (Read 205 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?

Looking at the sun may not only cause headache and distort your vision temporarily, but it can also cause permanent eye damage. Any exposure to sunlight adds to the cumulative effects of ultraviolet (UV) radiation on your eyes. UV exposure has been linked to eye disorders such as macular degeneration, solar retinitis, and corneal dystrophies.

Did you know?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Did you know?

Nitroglycerin is used to alleviate various heart-related conditions, and it is also the chief component of dynamite (but mixed in a solid clay base to stabilize it).

Did you know?

The most common childhood diseases include croup, chickenpox, ear infections, flu, pneumonia, ringworm, respiratory syncytial virus, scabies, head lice, and asthma.

For a complete list of videos, visit our video library