There Are Four Types of Items and Services That Are

question 20

Essay

There are four types of items and services that are purchased with varying degrees of importance.Name all four,and choose two to discuss in terms of risk and value.

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Definitions:

Equally Participate

The principle or condition of having all members or parties involved in a process or activity with identical levels of involvement and opportunity.

Property Rights

Legal rights that dictate the possession, use, and transfer of property by individuals or entities.

Dishonest Behavior

Actions that involve lying, cheating, deceiving, or any form of untruthfulness or manipulation.

Cognitive Abilities

Mental capabilities involved in the process of acquiring knowledge and understanding through thought, experiences, and senses.