Apps, Like WeReward, Engage Users by Combining the Most Basic

question 191

True/False

Apps, like WeReward, engage users by combining the most basic elements of social media. These apps are a great benefit to both customers and businesses. Customers get a special deal and businesses are able to get their names out to the friends of users. This is an effective form of promotion.

---

Definitions:

Annual Interest

Annual interest is the amount of interest due over the course of a year on borrowed funds or invested capital.

Contract Rate

The agreed-upon rate specified in a contract for services or lending/borrowing, which could refer to interest rates or payment amounts for contractual services.

Bond

A debt security under which the issuer owes the holder a debt and is obliged to pay interest and/or to repay the principal at a later date.

Risk Level

The degree of uncertainty and/or potential financial loss inherent in an investment decision or policy.