When a person picks out a custom necktie and purchases it, the transaction involves fungible goods.

Name: When a person picks out a custom necktie and purchases it, the transaction involves fungible goods.
Brand: Quizplus
Rating: 4.8 (37 reviews)

Question

Quizplus · Accepted Answer

Fungible goods are interchangeable and have no unique qualities, such as commodities like gold or grain. Custom neckties, on the other hand, are typically unique and have individual characteristics that distinguish them from one another, making them non-fungible.

When a Person Picks Out a Custom Necktie and Purchases