The Sequence of Instructions Required to Process a Transaction Is

question 70

Multiple Choice

The sequence of instructions required to process a transaction is called the:

• A) unit of work.
• B) logical program unit.
• C) rollback.
• D) commit.

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Definitions:

Promissory Estoppel

A legal principle that prevents a party from withdrawing a promise made to another, when the latter has reasonably relied on that promise to their detriment.

Consideration

A crucial element in contract law, referring to something of value promised to another when forming a contract.

Bilateral Contracts

Contracts involving two parties where each party makes a promise to the other.

Unilateral Contracts

Contracts in which one party makes a promise in exchange for an act by the other party.