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
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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