Examlex
Web applications have evolved through three major changes over the last twenty years.Briefly describe each of these three evolutionary changes.
Formal Action
An official or legal step taken to achieve a particular end, often within organizational or legal contexts.
Market Value
The estimated amount for which an asset or liability should exchange on the valuation date between a willing buyer and a willing seller in an arm's length transaction.
Paid-In Capital
Capital received from investors for stock, representing the funds that shareholders have invested in the company.
Par Value
The nominal or face value of a bond, share of stock, or other financial instrument.
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