A Durable Good Is Defined as

question 253

Multiple Choice

A durable good is defined as

• A)an item consumed in one or a few uses.
• B)an item that usually lasts over many uses.
• C)an item that lasts at least one year without becoming obsolete.
• D)a product purchased only for the use of ultimate consumers.
• E)a product used in the production of other products.

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Definitions:

Acceptance

The act of agreeing to the terms of an offer, forming the basis of a contract.

Offer

A proposal presented by one party to another with the intention of entering into a legally binding agreement.

Notification

The act or process of officially informing someone about something.

Unreasonable Means

Methods or tactics that are considered excessive, unjust, or not in accordance with logic or reason, often used in legal contexts to describe actions that go beyond what is fair or appropriate.