Though It Started First as a Limousine Service and Became

question 115

Multiple Choice

Though it started first as a limousine service and became a ridesharing service, Uber recently redefined its business with the addition of UberRush, UberEats, and UberJump, and now considers itself to be in the ________ business.

• A) restaurant
• B) digital or physical mail
• C) logistics
• D) transportation
• E) warehousing

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Definitions:

Spot Rates

The current price in the marketplace at which a particular asset can be bought or sold for immediate delivery.

Foreign Currency

Currency used in a country other than one's own, representing the money of another country.

Foreign Currency

Currency used in a country other than one's own, necessitating exchange for transactions or investments in foreign markets.

Direct Quote

An exchange value described as the amount of local currency required for a single unit of a foreign currency.