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| 1. |
Difference between service and goods |
| Answer» \tBasis of ComparisonGoodsServicesNatureTangibleIntangibleTransfer of OwnershipPossibleNot PossibleSeparableGoods can be separated from the sellerServices cannot be separated from the service providerStorageGoods can be storedServices cannot be storedPerishableNot all goods are perishableServices are perishableProduction and ConsumptionGoods have a significant time gap between production and consumptionServices are produced and consumed together\t | |