Which of the Following Terms Refers to an Advantage Brought

question 97

Multiple Choice

Which of the following terms refers to an advantage brought about by the advent of the Internet as a shopping medium by eliminating geographic protections and limitations of local business and by giving smaller firms a wider audience?

• A) Personalization
• B) Digital tooling
• C) Interactivity
• D) Global reach

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Definitions:

Holder in Due Course

An individual in possession of a negotiable instrument, obtained in good faith and for value, and thereby has specific rights to enforce the instrument.

Irregular

Something that is not following the usual rules, patterns, or expected behavior; often refers to inconsistent or erratic actions.

Real Defenses

Legitimate legal defenses that can be used against claims in a transaction, particularly in the context of negotiable instruments, such as fraud or illegality.

Negotiable Instrument

is a document guaranteeing the payment of a specific amount of money, either on demand or at a set time, with the payer named on the document.