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________ Means That Services Cannot Be Seen, Tasted, Felt, Heard

question 42

Short Answer

________ means that services cannot be seen, tasted, felt, heard, or smelled before they are bought.
Service inseparability
Service variability
Service intangibility
Service perishability
Service heterogeneity


Definitions:

Corporate Borrowing

The process by which companies obtain capital through the issuance of debt securities or taking out loans.

Corporation Act

Legislation governing the formation, operation, and dissolution of corporations, detailing their legal rights, capacities, and liabilities.

Indoor Management Rule

A legal principle that protects third parties who enter into contracts with a company, assuming the company's internal rules and procedures have been followed.

Shareholders' Resolution

A formal decision or expression of opinion passed by the shareholders of a company, often related to its management or policies.

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