Goods vs Services Quiz

• A service that can only be rendered online.
• A task performed by a professional.
• An intangible benefit received after a purchase.
• An item that can be physically handled. (correct)

• A service is a tangible item.
• A service can be bought or sold.
• A service is an action performed for payment. (correct)
• A service is always free of charge.

• A book loaned from a library.
• A haircut provided by a barber. (correct)
• A loaf of bread purchased at a store.
• A smartphone bought from a retailer.

<p>Goods include only consumable products. (A)</p> Signup and view all the answers

<p>Services are generally intangible and cannot be owned. (D)</p> Signup and view all the answers