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Which of the following is not a characteristic of a distinct good or service? Multiple Choice...

Which of the following is not a characteristic of a distinct good or service?

Multiple Choice

  • It can be used on its own or in combination with other goods or services the seller could obtain elsewhere

  • It is not highly dependent on other goods or services in the contract

  • It has a stand-alone selling price

  • It is not interrelated with other goods or services in the contract

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Answer #1

Ans. Characteristic of a distinct good or service are:

1. Capable of being distinct. The customer could use the good or service on its own or in combination with other goods and services it could obtain elsewhere, and
2. Separately identifiable from other goods or services in the contract. The good or service is not highly interrelated with other goods and services in the contract.

Option C is correct (It has a stand-alone selling price)

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