In the Internet World, There Are Many Unsolved Issues

question 30

Multiple Choice

In the Internet world, there are many unsolved issues.For example, e-commerce is global but the national laws are mostly _____.

• A)local
• B)regional
• C)political
• D)religious
• E)secular

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Definitions:

Pension Benefit Obligation

The reported estimate of the total amount due to employees in relation to pension benefits as per the terms of the pension plan.

Interest Cost

The total amount of interest that will be incurred over the lifetime of a debt.

Service Cost

The actuarial present value of benefits attributed by the pension plan formula to employee service during the period.

Pension Plan

A pension plan is a retirement plan that requires an employer to make contributions into a pool of funds set aside for a worker's future benefit.