Which of the following best describes point-to-point tickets?

Point-to-point tickets are specifically designed to cover the fare from one designated stopover point directly to another. This type of ticket typically does not include multiple journey segments or intermediary stops; it simply facilitates travel between two specific locations. This can be particularly beneficial for travelers who are looking for straightforward, direct routes without the complexity of additional stops or transfers.

The other choices refer to different aspects of ticketing. Options discussing multiple stops or one-way tickets pertain to broader travel itineraries that include additional complexities, while refundable options focus on flexibility rather than the fundamental structure of point-to-point fare arrangements. Therefore, the focus on traveling from one precise point to another directly without intermediary stops is what accurately defines point-to-point ticketing.