Which of These Is the Best Example of a Nondurable

question 105

Multiple Choice

Which of these is the best example of a nondurable good?

• A) notebook paper
• B) skateboard
• C) insurance
• D) smartphone
• E) laser surgery

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Definitions:

Receivables Owners

Individuals or entities that are entitled to receive payments from customers or clients for goods delivered or services provided.

Accelerate Receipt

Accelerate Receipt refers to the process of speeding up the collection or receipt of funds, often related to accounts receivable or other receivables.

Formal Instruments

Legally binding documents that record obligations, rights, or processes, such as contracts, deeds, or promissory notes.

Credit Issued

The provision of funds or goods before payment, based on the trust that payment will be made in the future.