E-Commerce Refers to

question 12

Multiple Choice

E-commerce refers to

• A) B2B models of doing business.
• B) the facilitation of business by making initial contact by electronic means.
• C) the paperless exchange of business information via the Internet.
• D) a form of business that involves online trades and auctions.

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Definitions:

Suffers The Loss

Experiencing negative consequences, usually financial, as a result of an event, decision, or action.

Federal Law

Laws passed by the national government of a country, which apply throughout the nation and take precedence over state or local laws.

Forged Item

An item that has been fraudulently replicated or altered with the intent to deceive.

Monthly Statements

A financial report issued by a company or institution to a user or account holder, detailing the transactions and balances for a month.