In Public-Key Encryption, the _________ Key Is Used for Locking

question 63

Multiple Choice

In public-key encryption, the _________ key is used for locking and the _________ key is used for unlocking.

• A) private; private
• B) private; public
• C) public; private
• D) public; public

Apply mathematical concepts to solve real-life financial problems effectively.

Understand the concept of holder in due course and its importance in negotiable instruments law.

Identify the requirements for a party to achieve holder-in-due-course status.

Comprehend the shelter principle and its implications for subsequent holders.

---

Definitions:

Consideration

Something of value exchanged between parties in a contract, making the agreement legally binding.

Quantum Meruit

A legal principle that means "as much as he deserves," used to determine fair compensation for services rendered without a specific contract.

Estoppel

A legal principle that prevents a person from arguing something contrary to a claim or a statement they have previously made and on which another party has relied.

Consideration

Something of value that is given by both parties to a contract that induces them to enter into the agreement to exchange mutual performances.