E-Commerce Sites Use Transport Layer Security (TLS)to Create Accounts and Manage

question 34

True/False

E-commerce sites use Transport Layer Security (TLS)to create accounts and manage payment transactions without revealing your financial information.

---

Definitions:

Promissory Note

An economic vehicle that holds a firm promise made by one individual to another, obligating the former to deliver a certain amount of money, either when asked or at a future time that has been set in advance.

Interest Revenue

Income earned from lending money or other financial assets that generate interest.

Maturity Date

The specified date when the principal amount of a financial instrument, such as a bond or loan, becomes due and payable.

Allowance Method

An accounting technique that estimates and accounts for bad debts expense, reducing accounts receivable by a predicted amount of uncollectible accounts.