Difference between revisions of "Service"

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In economics, a service is labor that can be bought or sold, as in professional advice.  This is in contrast with a [[good]].  The entire market consists of goods and services.
 
In economics, a service is labor that can be bought or sold, as in professional advice.  This is in contrast with a [[good]].  The entire market consists of goods and services.
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At law, "service" refers to the delivery of notice of a lawsuit to the affected party, referred to as "service of process."

Revision as of 00:06, March 29, 2007

In economics, a service is labor that can be bought or sold, as in professional advice. This is in contrast with a good. The entire market consists of goods and services.

At law, "service" refers to the delivery of notice of a lawsuit to the affected party, referred to as "service of process."