An Extranet Uses Internet Protocols to Establish Limited Access to Company

question 111

True/False

An extranet uses Internet protocols to establish limited access to company data by the company's customers and suppliers.

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Definitions:

Legal Consulting Partnership

A business arrangement in which lawyers offer advice and expertise in specific legal areas to clients, sharing profits and liabilities.

Jointly Liable

A legal term indicating that two or more parties are fully responsible for fulfilling an obligation or paying off a debt.

Bank Loans

Financial borrowings from a bank that need to be repaid with interest.

Partnership

A business structure where two or more individuals manage and operate a business in accordance with the terms and objectives set out in a Partnership Deed.