____________________ Refers to the Storing of Data in the Database

question 34

Short Answer

____________________ refers to the storing of data in the database in an encoded format.

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Definitions:

Bill Of Exchange

A written, unconditional order by one party directing another party to pay a fixed sum of money to a third party on demand or at a set time.

Accepted

Accepted refers to the express or implied approval or agreement to the terms of an offer, thereby creating a binding contract between the parties involved.

Bills Of Exchange Act

Legislation that governs the creation, transfer, and the rights and obligations involved in bills of exchange, widely used in international trade and finance.

Statute Of Frauds

A legal principle requiring certain types of contracts to be executed in writing and signed by all parties involved to be enforceable.