Question

Goods or services are distinct if they are either capable of being distinct or are separately identifiable.

a) True
b) False

Answer 1

The statement is true. Goods or services are considered distinct if they are either capable of being distinct or are separately identifiable.

Step-by-step explanation:

True

The statement is true. Goods or services are considered distinct if they are either capable of being distinct or are separately identifiable. This means that they can be recognized as separate entities either by their characteristics or by being able to be identified on their own.

For example, a pair of shoes and a haircut are distinct goods and services because they can be identified separately and have different characteristics.