Answer
The ratios are difference so the sequence is not geometric.
Work Step by Step
A geometric sequence has a common ratio $r$. The common ratio is multiplied to the current term to get the next term of the sequence.
The common ratio is equal to the the quotient of a term and the term before it.
Solve for the ratio of each pair of consecutive terms to obtain:
$\dfrac{\frac{1}{3}}{\frac{1}{2}} = \dfrac{1}{3} \cdot \dfrac{2}{1}=\dfrac{2}{3}
\\\dfrac{\frac{1}{4}}{\frac{1}{3}}=\dfrac{1}{4} \cdot \dfrac{3}{1}= \dfrac{3}{4}
\\\dfrac{-1}{3} = -\dfrac{1}{3} $
Since the ratios are different, there is no need to find the ratio of the last pair.
The sequence is not geometric.