The Ability for Software to Communicate and Exchange Data with Other

question 9

Multiple Choice

The ability for software to communicate and exchange data with other software programs is known as:

• A) Data exchange link.
• B) Interoperability.
• C) Perimeter data access.
• D) Electronic match-up.

---

Definitions:

Counteroffer

A proposal made in response to an offer, which effectively rejects the original offer and proposes new terms for an agreement.

Gap-Filling Presumptions

Legal principles or standards applied in contract law to address situations where the parties' agreement does not specify certain terms or conditions.

Mirror Image Rule

A principle in contract law stating that an offer must be accepted exactly without modifications for a valid contract to be formed.

Material Changes

Significant alterations or modifications that could affect a company’s financial condition or the value of its shares, requiring disclosure to shareholders and regulatory bodies.