Authentication Exchange Is the Use of a Trusted Third Party

question 28

True/False

Authentication exchange is the use of a trusted third party to
assure certain properties of a data exchange.

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Definitions:

Passive Shareholder

An investor who holds a stake in a company but does not take part in day-to-day management or operational decisions.

Authorized Shares

Shares that a corporation is empowered to issue by its articles of incorporation.

Preference Shares

A class of stock that provides shareholders with priority over common shareholders in terms of dividends and assets in the event of liquidation.

Issued Shares

A corporation’s shares that a corporation has sold to its shareholders. Includes shares repurchased by the corporation and retained as treasury shares, but not shares canceled or returned to unissued status.