Which of the Following Terms Refers to a Contractual Stipulation

question 72

Multiple Choice

Which of the following terms refers to a contractual stipulation to ensure that ebusiness participants do not deny their online actions?

• A) Compliance
• B) Noncommittal
• C) Nonrepudiation
• D) Repudiation

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Definitions:

Corporate Account

A type of financial account specifically designed for businesses, enabling them to manage expenses, assets, and transactions under the corporate name.

Negotiable Instrument

A document guaranteeing the payment of a specific amount of money, either on demand or at a set time, with the payee being able to transfer it to another party.

Writing

The act or process of producing text, symbols, or other forms of communication on a surface, often for recording or conveying information.

Words Of Negotiability

Phrases or terms in a financial document that grant the right to transfer it to another party, ensuring its negotiability.