Which of the Following Describes a Global Positioning System (GPS)

question 152

Multiple Choice

Which of the following describes a global positioning system (GPS) ?

• A) Occurs when a company places active or semi-passive RFID tags on expensive products or assets to gather data on the items' location with little or no manual intervention.
• B) Use plastic or conductive polymers instead of silicon-based microchips, allowing them to be washed or exposed to water without damaging the chip.
• C) A device that measures the acceleration (the rate of change of velocity) of an item and is used to track truck speeds or taxi cab speeds.
• D) A satellite-based navigation system providing extremely accurate position, time, and speed information.

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Definitions:

Future Interest

An interest in real or personal property that will begin at a future date through a legal arrangement, such as a will or trust.

Earnest Money

A deposit made by a buyer to demonstrate commitment to a purchase agreement, often used in real estate transactions.

Serious Offer

An offer made in earnest, usually in a contractual context, implying a genuine intent to enter into an agreement.

Contractual

Pertaining to or involving agreements between two or more parties that are binding and enforceable by law.