All of the Following Are Major Issues to Be Considered

question 48

Multiple Choice

All of the following are major issues to be considered with respect to e-commerce contract issues except _____.

• A)parity between electronic and paper records
• B)enforceability of shrinkwrap, clickwrap, and boxtop agreements and licenses
• C)attribution procedures
• D)digital signatures
• E)location of the supplier's facility in relationship to the buyer's location

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Definitions:

Required Reserves

Required Reserves are the portion of depositors' balances that banks must have on hand as cash, according to central bank regulations.

Actual Reserves

The physical quantity of a resource or commodity that is known to be available and extractable under current conditions.

Reserve Requirement

The minimum amount of reserves that banks are required to hold by law, set by the central bank to control money supply.

Time Deposits

Time Deposits are bank deposits that have a fixed term and usually offer a higher interest rate compared to regular savings accounts.