The US Government Coding System That Classifies a Company by the the Nature

question 49

Multiple Choice

The U.S. government coding system that classifies a company by the nature of its business operations is known as the:

• A) Centralized Business Index.
• B) Peer Grouping codes.
• C) Standard Industrial Classification codes.
• D) Governmental ID codes.
• E) Government Engineered Coding System.

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Definitions:

Uniform Electronic Transactions Act

A law that ensures the validity and legal effect of contracts formed electronically.

Electronic Agents

Computer systems or software programmed to autonomously perform tasks on behalf of users, such as processing information or executing transactions.

Legitimizes

To make something legal, valid, or acceptable according to law or social norms.

Agency Coupled With An Interest

An irrevocable agency agreement in which the agent is given an interest in the subject matter of the agency. Also called irrevocable agency.