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NEHunt.com sells artifacts from small handicraft shops around the world. It provides a medium to sell various products with a secure payment system. It showcases products from the small handicraft stores and creates an attractive audience for new and innovative products. Which of the following statements is true of NEHunt.com in this scenario?
Taxability
The condition of being subject to taxation by governmental authorities.
Interest Rate
The amount charged by a lender to a borrower for the use of assets, expressed as a percentage of the principal.
Productive Economic Resource
Assets or inputs used in the production of goods and services, including land, labor, capital, and entrepreneurship.
Entrepreneurship
The activity of setting up a business or businesses, taking on financial risks in the hope of profit.
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