Which of the Following Was Developed as the Result of Burgeoning

question 18

Multiple Choice

Which of the following was developed as the result of burgeoning e-commerce in the 1990s, focused on civil procedures, and has been a basis for e-discovery worldwide?

• A) UN Model Law
• B) European Corporate Laws
• C) Canadian Rules of Civil Procedure
• D) Sedona Canada Principles

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Definitions:

Liabilities

Financial obligations or debts that a company owes to others, which must be settled over time through the transfer of economic benefits including money, goods, or services.

Owner's Equity

Owner's equity represents the owner's claims on the assets of the business, calculated as total assets minus total liabilities.

Creditors' Risk

The level of risk that creditors face regarding the possibility of not receiving back the principal and/or interest on loans issued to borrowers.

CPA

Certified Public Accountant, a designation given to someone who has passed the Uniform CPA Examination and met additional state education and experience requirements in accounting.