SafetyWeb Is a Web-Based Service That Helps Parents Protect Their

question 34

Multiple Choice

SafetyWeb is a Web-based service that helps parents protect their children's online reputation, privacy, and safety. Which of the following approaches to identifying an opportunity was most likely the impetus for SafetyWeb?

• A) Observing trends
• B) Studying government reports
• C) Finding gaps in the marketplace
• D) Talking to consumers
• E) Solving a problem

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Definitions:

Dishonor

The refusal or inability to pay a bill of exchange or fulfill a financial obligation when due.

Presentment

The formal presentation of a financial instrument, such as a check, for payment.

Bankruptcy

A legal proceeding involving a person or business that is unable to repay their outstanding debts, leading to the disposition of assets to pay creditors.

Primary Liability

The obligation to pay a debt or fulfill a contractual obligation first, before any secondary parties are called upon.