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.</p> Signup and view all the answers

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