Which of the Following Is NOT a Direct Advantage for the Consumer

question 63

Multiple Choice

Which of the following is NOT a direct advantage for the consumer from e-commerce?

• A)Access to a broader market
• B)More shopping convenience
• C)Reduced order-processing cost
• D)Information sharing with the company

Understand the principles of offer, acceptance, and the formation of bilateral and unilateral contracts.

Identify the requirements for valid acceptance and the effects of various acceptance methods.

Comprehend the factors affecting the enforceability of agreements not in writing.

Analyze the role and characteristics of formal contracts such as contracts under seal and letters of credit.

---

Definitions:

Declaration Date

The date on which a company's board of directors announces the issuance of a dividend to its shareholders.

Cash Dividend

A distribution of a portion of a company's earnings, decided by the board of directors, to a class of its shareholders.

Stockholders' Equity

The residual interest in the assets of a corporation that remains after deducting liabilities, representing the ownership interest of shareholders.

Preferred Dividends

Dividends that are paid to preferred shareholders before any dividends are paid to common shareholders.