Explain the Design Phase in the SDLC and Its Types

question 94

Essay

Explain the design phase in the SDLC and its types.

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Definitions:

Fair Market Value

The price that property would sell for on the open market, reflecting the amount a willing buyer would pay a willing seller when neither is under pressure to buy or sell.

Consideration

In contract law, the value (such as money, an act, or a promise) that is exchanged between parties and is essential for a valid contract.

Selling Drugs

The act of illegally distributing or dispensing controlled substances or prescription medications.

Statutes of Limitation

Regulations specifying the outer limit for initiating legal actions after an incident has occurred.