A Good or Service That Is Intended Primarily for Personal

question 112

Multiple Choice

A good or service that is intended primarily for personal or household use is called a(n) ____ product.

• A) convenience
• B) business
• C) specialty
• D) consumer
• E) organizational

Understand the significance of direct evidence in proving national origin discrimination.

Comprehend the EEOC's stance on English-only rules and their potential to constitute national origin discrimination.

Recognize the importance of legitimate business reasons in justifying certain employment practices.

Understand the impact of workplace harassment and discrimination on national origin and how it is addressed legally.

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Definitions:

Sales Revenue

The total amount of money earned from goods and services sold before any expenses are subtracted.

Goodwill

An intangible asset that arises when a company acquires another business for a price higher than the fair value of its net identifiable assets and liabilities.

Cost Method

An accounting method used to value an investment, where the investment is recorded at its original cost without adjusting for market changes.

Consolidated Balance Sheet

A financial statement that combines the assets, liabilities, and equity of a parent company and its subsidiaries into one document.