A Piece of Software That Benefits Many Users at the Same

question 263

Multiple Choice

A piece of software that benefits many users at the same time would be an example of

• A) network effects.
• B) learning by doing.
• C) multiple production.
• D) simultaneous consumption.

---

Definitions:

Conflict of Interest

A situation where an individual's personal interests could improperly influence the performance of their duties or decision-making.

Dual Agency

A real estate transaction scenario in which a single agent or broker represents both the buyer and the seller, creating potential conflicts of interest.

Fiduciary Duty

A legal obligation of one party to act in the best interest of another when managing another person’s assets, involving a relationship of trust and confidence.

Independent Contractor

An individual or entity contracted to perform work for another entity as a non-employee, responsible for their own taxes and benefits.