The Two Considerations Used to Categorize Service Are ____________ and ____________

question 31

Multiple Choice

The two considerations used to categorize service are ____________ and ____________.

• A)promotion versus place; price versus product
• B)place versus time; people versus ideas
• C)place versus people; time versus money
• D)people versus possession; tangible versus intangible
• E)people versus intangible; tangible versus possession

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Definitions:

Negotiable Instrument

A document guaranteeing the payment of a specific amount of money, either on-demand or at a set time.

Payable on Demand

A financial term indicating that a debt or other financial obligation is due for payment immediately or whenever the creditor requests it.

Time of Payment

The specific period or date by which payment for goods or services is due or expected.

Fixed Future Time

A specific date or time in the future that is agreed upon for the completion of a transaction or event.