Which of the Following Would Most Likely Be Considered a Shopping

question 321

Multiple Choice

Which of the following would most likely be considered a shopping good?

• A) A package of chewing gum
• B) A Bic pen
• C) A ream of typing paper
• D) A birthday gift for your mother
• E) A loaf of bread

---

Definitions:

Entity

An organization, company, or individual that has a distinct legal existence and can enter into legal contracts or be subject to legal rights and obligations.

Aggregate

Aggregate refers to a total amount or sum formed by combining several separate elements or components.

Limited Partner

A partner who does not take part in the management of a firm and whose liability does not extend beyond his or her investment.

General Partner

A partner who takes an active part in running a partnership and has unlimited liability for the firm’s debts.