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Define Transborder Data Flow and Explain What Makes It a Business

question 59

Essay

Define transborder data flow and explain what makes it a business challenge for global companies.


Definitions:

Rights

Entitlements or freedoms that are guaranteed by law or social norms.

Bankruptcy

A legal proceeding involving a person or business that is unable to repay outstanding debts, providing a way to eliminate or repay some or all debt under the protection of the bankruptcy court.

Warranties

Promises made by a seller to a buyer regarding the condition, functionality, or reliability of a product or service.

Negotiable Instrument

A written document guaranteeing the payment of a specific amount of money, either on demand or at a set time, with the payer named on the document.

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