Which of the Following Is Correct with Regard to Packaging

question 300

Multiple Choice

Which of the following is correct with regard to packaging?

• A) Fresh fruit and structural steel do not really need much packaging.
• B) The function of packaging is limited to product protection.
• C) Packaging does not provide advertising or promotion for products.
• D) Packaging costs can be as high as 50 percent of the total cost to make a product.
• E) All of these are correct.

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Definitions:

Personal Liability

The legal responsibility of an individual to bear the burden of debt or obligation from his/her actions, separate from the liability of a business entity or corporation.

Control of Business

Refers to the authority or power to manage the operations, decisions, and policies of a company or organization.

Split Profits

The distribution of earnings or gains between partners, stakeholders, or businesses according to agreed-upon percentages or criteria.

Sole Proprietorship

A business owned and operated by a single individual where there is no legal distinction between the owner and the business entity.