Which of the Following Is True of the UCITA

question 14

Multiple Choice

Which of the following is true of the UCITA?

• A)It establishes a uniform set of rules that prohibit all forms of cybersquatting.
• B)It establishes the Statute of Frauds for all online content.
• C)It aims at eliminating all domain names registered in bad faith.
• D)It becomes a law only when a state legislature enacts it as a statute.

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Definitions:

Trade-In Allowance

An amount credited to the buyer by the seller for a trade-in, which is applied to the purchase price of a new item.

Accumulated Depreciation

The total depreciation for a fixed asset that has been charged to expense since that asset was acquired and made available for use.

Cash Price

The price of an item for immediate payment, as opposed to a higher price when paying on credit.

Productivity

A measure of efficiency, typically defined as the output of goods or services produced per unit of input, such as labor or capital.