Recording a Customer's Payment Is Represented on a Data Flow

question 35

Multiple Choice

Recording a customer's payment is represented on a data flow diagram as a:

• A)process
• B)source
• C)data flow
• D)data store

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Definitions:

Negligence

A failure to act with the care that a reasonably prudent person would exercise under the same circumstances, often leading to liability for resulting damages.

Privity of Contract

The principle that a contract confers rights and imposes liabilities only on its parties; no outsider can gain rights or be liable under it.

Novation

The process of replacing an existing obligation with a new one, substituting a party or terms in a contract with the consent of all parties involved.

Rules of Interpretation

Guidelines and principles used to determine the meaning and intention of legal texts and statutory provisions.