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ASSERTION: Services refer to those intangible benefits, utilities and satisfactions which are offered for sale. REASONING: Services being tangible, they can be seen, touched and stored for use

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Question

ASSERTION: Services refer to those intangible benefits, utilities and satisfactions which are offered for sale.

REASONING: Services being tangible, they can be seen, touched and stored for use in future.

Options

  • A is true, and R is the correct explanation for A.

  • A is true, and R is not the correct explanation for A.

  • A is true, but R is false.

  • A is false, but R is true.

MCQ
Assertion and Reasoning
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Solution

A is true, but R is false.

Explanation:

Services are intangible benefits offered for sale and cannot be seen, touched or stored; R is incorrect because it describes services as tangible and storable.

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Chapter 2: Marketing and Sales - EXERCISES [Page 25]

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Goyal Brothers Prakashan Commercial Studies [English] Class 10 ICSE
Chapter 2 Marketing and Sales
EXERCISES | Q 33. | Page 25
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