The Application of Mechanical and Human Efforts to Either People

question 51

Multiple Choice

The application of mechanical and human efforts to either people or objects to provide intangible benefits to customers is known as a(n)

• A) issue.
• B) experience.
• C) idea.
• D) good.
• E) service.

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Definitions:

Destination Contract

A contract specifying that the seller will bear the risk and cost until the goods reach a specific destination.

Nonconforming Goods

Products shipped to a buyer that do not meet the specifications or requirements as stated in the contract.

Breach Of Contract

Occurs when one party fails to fulfill any of its agreed-upon terms or conditions in a contract.

UCC Provisions

Specific clauses or requirements outlined in the Uniform Commercial Code that govern particular aspects of commercial transactions.