Services and Goods Are Often Arrayed on a Scale Which

question 22

Multiple Choice

Services and goods are often arrayed on a scale which ranges from pure service to pure good. Where does an insurance policy stand on this scale?

• A) Pure service
• B) Primarily service and partly a good
• C) Primarily a good and partly service
• D) Pure good

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Definitions:

Basicity

A measure of an entity’s ability to accept protons, often related to the strength of bases in chemical reactions.

Alkyl Groups

Hydrocarbon groups derived from alkanes by removing one hydrogen atom, often represented generically as R-, and used as substituents in organic chemistry.

Electron Donors

Atoms, molecules, or ions that provide electrons to other atoms, molecules, or ions during chemical reactions, often resulting in the reduction of the latter.

Alkylamine

A compound resulting from the replacement of one or more hydrogen atoms of ammonia (NH3) with alkyl groups.