An Example of ________ Utility Involves Intermediaries Shipping Goods Directly

question 106

Multiple Choice

An example of ________ utility involves intermediaries shipping goods directly to buyers of a product.

• A) time
• B) form
• C) place
• D) possession
• E) transactional

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Definitions:

Semiannually

A term describing an action or event that occurs twice a year.

Semiannual Coupon

A bond or fixed-income security payment made to its holder twice a year as interest for the investment.

Coupon Rate

The interest rate stated on a bond or other fixed-income security that the issuer promises to pay the holder until maturity.

Formulation

The process of creating a strategy, plan, or method for dealing with a specific issue or for achieving a specified goal.