Internet-Based Commerce Is Called _____ and Includes Two Main Sectors

question 22

Multiple Choice

Internet-based commerce is called _____ and includes two main sectors: B2C (business-to-consumer) and B2B (business-to-business) .

• A) electronic commerce
• B) network-oriented commerce
• C) virtual trading
• D) online trading

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Definitions:

Inadvertent Breach

An unintentional failure to fulfill a contractual obligation or violation of a law, often due to oversight or misunderstanding.

Duty of Competence

The legal ethical requirement that lawyers maintain the knowledge, skill, and ability to provide competent representation to their clients.

Legal Profession

A field of occupation that includes lawyers, judges, paralegals, and other professionals who provide services related to the law.

Attorney-Client Confidentiality

A legal principle that ensures communication between a lawyer and their client remains private and cannot be disclosed without the client's permission.