Chris Orders a Salad at a Restaurant

question 46

Multiple Choice

Chris orders a salad at a restaurant. What is the BEST definition of what he is buying?

• A)Chris is buying a good.
• B)Chris is buying a service.
• C)Chris is buying both a good and a service.
• D)Chris is buying neither a good nor a service.

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Definitions:

Subsidiary Dissolved

The process of legally dissolving a subsidiary company, involving the winding up of its operations and distribution of its assets.

Subsidiary Incorporation

The process of legally establishing a subsidiary corporation, which then becomes an entity separate from the parent company.

Statutory Merger

A merger in accordance with specific laws where one company survives and the absorbed company ceases to exist.