A Product Is Defined as a Business Product Rather Than

question 4

Multiple Choice

A product is defined as a business product rather than consumer good on the basis of which of the following?

• A)intended use
• B)physical characteristics
• C)price
• D)distribution method

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Definitions:

Bonds Issued

Long-term debt securities sold by a corporation or government to investors to raise capital, with the obligation to pay interest and repay principal at a specified date.

Face Value

The nominal or dollar value printed on a financial instrument, such as a bond or stock, representing its official worth.

Interest

The cost of borrowing money, expressed as a percentage of the total amount loaned, or the income earned on invested capital.

Bonds Discount

The difference when bonds are sold for less than their face value.