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Insurance falls under the category of service goods, specifically within the realm of financial services. Unlike tangible consumer goods, insurance products provide intangible benefits and protection against risks. Consumers purchase insurance for security and peace of mind rather than physical possession.
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Are shoes considered consumer goods?
Yes, shoes are considered consumer goods as they are products purchased by individuals for personal use. They fall under the category of durable goods, as they are typically used over an extended period. Shoes are essential for daily activities and are available in various styles and types to meet consumer needs.
What actions would be encouraged under a free enterprise system but discouraged under a mercantilist system?
Importing cheap consumer goods from foreign countries
What action would be encouraged under a free enterprise system but discouraged under a mercantilist system?
Importing cheap consumer goods from foreign countries
Consumer equilibrium utility approach?
when does consumer attain equilibrium under the utility approach
How does convergence promote consumer welfare?
under what condition international convergence promote consumer to taste?
What is Mutual insurance in marine insurance - Nigeria?
it is a insurance where exporter as well as importer in mutual understanding under go for insurance for thier goods
Are shoes considered consumer goods?
Yes, shoes are considered consumer goods as they are products purchased by individuals for personal use. They fall under the category of durable goods, as they are typically used over an extended period. Shoes are essential for daily activities and are available in various styles and types to meet consumer needs.
Do the consumer durable products such as television comes under fmcg category?
No, consumer durable products like televisions do not fall under the FMCG (Fast-Moving Consumer Goods) category. FMCG products are goods that are consumed quickly and frequently, such as food, beverages, and personal care products. Consumer durables are products that have a longer lifespan and are not typically purchased as frequently as FMCG products.
Which of these actions would be encouraged under a capitalist system but discouraged under a mercantilist system?
Importing cheap consumer goods from foreign countries
What was the purpose of the national consumer league?
to identify and label goods made under fair, safe, and healthy conditions.
What was the purpose of the National Consumer League.?
to identify and label goods made under fair, safe, and healthy conditions.
What action would be encouraged under a free enterprise system but discouraged under a mercantilist system?
Importing cheap consumer goods from foreign countries
What actions would be encouraged under a free enterprise system but discouraged under a mercantilist system?
Importing cheap consumer goods from foreign countries
Shattered patio door class covered under homeowners insurance?
Depends on the cause of loss.
Who is not a consumer at consumer protection act 1986?
In Consumer Protection Act, 1986 a consumer is one who avails of a service or buys any goods upon payment. This includes a person who is not the person paying but uses the goods or services with the consent of the person who actually pays. For example,A buys a car for himself. Now B, A's friend, uses A's car with his permission. In this case B would also be a consumer. A person who buys goods or avails of services for commercial purpose is not a consumer under the provisions of Comsumer Protection Act, 1986
What is the General Liability class code for warehouse?
The General Liability class code for warehouses typically falls under the code 8183, which is designated for "Warehouse Operations." This code applies to businesses engaged in the storage of goods and materials. However, it's important to verify with your insurance provider, as codes can vary by state and specific business activities.
When the title pass under CIF?
Under CIF (Cost, Insurance, and Freight) terms, the title of goods typically passes from the seller to the buyer when the goods are loaded onto the shipping vessel at the port of shipment. This means that the buyer assumes ownership and risk at that point, even though the seller is responsible for the costs and insurance until the goods reach the destination port. The seller must also provide the buyer with the necessary documents to claim the goods upon arrival.
