Which of the Following Statements About Products, Goods, and Services

question 7

Multiple Choice

Which of the following statements about products, goods, and services is true?

• A) Products and goods are synonymous terms
• B) Services and products are tangibles
• C) Goods and products are tangibles
• D) Salespeople do not sell services
• E) Goods and services are tangibles

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Definitions:

Universal Generalization (UG)

A principle in logic where a statement applies to all members of a category or class.

Existential Generalization (EG)

A logical inference rule that allows for the conclusion that at least one member of a domain possesses a certain property, based on evidence of a specific instance.

Denying the Antecedent (DN)

A logical fallacy where one assumes that if the antecedent in a conditional statement is not true, the consequent must also not be true.

Disjunctive Syllogism (DS)

A form of logical argument where, if one has a disjunction (A or B) and knows that A is not true, one can conclude B must be true.