A "service" is defined as any act or performance that one party can offer to another that is essentially intangible and does not result in the ownership of anything.

Name: A "service" is defined as any act or performance that one party can offer to another that is essentially intangible and does not result in the ownership of anything.
Brand: Quizplus
Rating: 4.9 (30 reviews)

Question

Quizplus · Accepted Answer

This is the commonly accepted definition of a service, as opposed to a tangible good which has physical ownership.

A "Service" Is Defined as Any Act or Performance That