________ Are Intangible Products That We Pay for and Use

question 32

Multiple Choice

________ are intangible products that we pay for and use but never own.

• A) Consumer goods
• B) Services
• C) Industrial goods
• D) E-commerce products
• E) Value products

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Definitions:

Verify Identity

The process of confirming the authenticity of an individual or entity's claimed identity, often through documentation.

Eligibility

The quality or state of being qualified or suitable for a particular task or privilege.

Fair Labor Standards Act

A U.S. law that establishes minimum wage, overtime pay eligibility, recordkeeping, and child labor standards affecting full-time and part-time workers in the private sector and in federal, state, and local governments.

Federal

Pertaining to the national government of a country, as opposed to state or local governments.