Which of the Following Is Assumed by Marquand

question 9

Multiple Choice

Which of the following is assumed by Marquand?

• A) All businesses now use information technology for communications and information.
• B) Relatively few businesses sell products online.
• C) Less information was available to businesses before the information technology revolution than there is now.
• D) Consumers preferentially choose to buy from businesses that use the latest information technology.
• E) Selling online is relatively unimportant to most businesses.

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Definitions:

Legal Theories

Frameworks or systems of law developed to analyze laws, legal processes, and their impact.

Liability

A legal obligation or responsibility, often involving the need to compensate for harm or damages caused.

UCC

Stands for Uniform Commercial Code, a standardized set of laws and regulations intended to streamline and harmonize the conduct of business and commercial transactions across the U.S.

Computer Software

Programs and operating information used by a computer to perform specific tasks.