Which of the following actions is included in the term 'Dispense'?

The term 'Dispense' specifically refers to the process of preparing, packaging, and labeling a medication or substance for delivery to a patient or caregiver. This encompasses not just the act of providing the substance itself, but also ensures that it is properly labeled and packaged in accordance with legal and safety standards.

Packaging and labeling are critical components of dispensing as they provide essential information regarding dosage, administration instructions, and any necessary warnings to ensure the safe and effective use of the substance. This is especially important in the context of pharmaceuticals and controlled substances, as mislabeling or inadequate packaging can lead to medication errors that could jeopardize patient safety.

In contrast, actions such as administering a controlled substance involve the direct giving of a substance to a patient, while offering a counterfeit substance deals with illegal activities surrounding substance authenticity. Transferring the ownership of a substance pertains to the legal aspects of substance control but does not encompass the preparation and delivery process involved in dispensing. Thus, the correct understanding of 'dispense' focuses on the initial preparation process of a substance for safe delivery to a patient.