Which of the following is true of fungible goods?
A) They are goods that are not quantifiable in nature.
B) They are goods that are always homogenous in nature.
C) They are goods that are always noncommercial in nature.
D) They are goods that cannot be substituted for other similar goods.

Question

Which of the following is true of fungible goods?
A) They are goods that are  not quantifiable in nature.
B) They are goods that are always homogenous in nature.
C) They are goods that are always noncommercial in nature.
D) They are goods that cannot be substituted for other similar goods.

Quizplus · Accepted Answer

Fungible goods are those that are interchangeable with other goods of the same type and quality, meaning they are homogenous in nature.

Which of the Following Is True of Fungible Goods