Common Applications of Convergence Do Not Include Which of the Following

question 114

Multiple Choice

Common applications of convergence do not include which of the following?

• A)E-commerce
• B)Increased affordability of computer conferencing
• C)Telecommuting
• D)Decreased availability of videos on demand

Identify and explain exceptions to the statute of frauds.

Understand the main-purpose rule and its application to promises to pay another's debt.

Comprehend how interest in land is treated under the statute of frauds.

Explain the role of partial performance, admission, and promissory estoppel in satisfying the statute of frauds.

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Definitions:

Nonmonetary Exchange

A transaction in which businesses or individuals trade goods or services without the use of money.

Common Stock

A form of corporate equity ownership, representing a claim on a portion of a company's profits and a right to vote on management issues.

Stock Split

An action a company takes to divide its existing stock into multiple shares to boost the liquidity of the shares.

Market Value

The price at which an asset would trade in a competitive auction setting, reflecting the current value assigned by the market.