E-Discovery Refers To

question 2

Multiple Choice

E-discovery refers to:

• A) identifying and retrieving relevant electronic information to support litigation efforts.
• B) something a firm does not account for in its archiving and data storage plans.
• C) older information systems that are often incompatible with other systems, technologies, and ways of conducting business.
• D) collecting and reselling data.
• E) rewards and usage incentive, typically in exchange for a method that provides a more detailed tracking and recording of consumer activity.

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Definitions:

Ownership Interest

A stake or share in an asset or entity, giving the holder a claim to a portion of its equity or assets and possibly a share in its profits.

Limited

A form of corporate structure whereby the shareholders' liability is limited to the capital they have invested in the company.

Consolidation Adjustments

Adjustments made to combine the financial statements of parent and subsidiary companies into a single set of financial statements.

Non-Controlling Interest

A financial concept referring to a minority ownership in a company, holding less than 50% of the stock.