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A Potential Customer of Cloud Servers Needs the Ability to Ramp

question 302

Multiple Choice

A potential customer of cloud servers needs the ability to ramp up computing resources quickly during traffic spikes. Which of the following features is MOST pertinent to providing this business need?

Recognize the legal implications of agreements lacking consideration, such as accord and satisfaction.
Identify exceptions to the general rules of consideration, including past consideration and moral consideration.
Understand the role of consideration in the enforceability of a contract, including its function in bargain-for exchanges.
Analyze the legal sufficiency of consideration in various contexts, including contracts involving goods, services, and forbearance.

Definitions:

Tort Liability

Legal responsibility that arises from civil actions or wrongs not based on contracts, such as negligence or defamation.

Common Law

Law derived from judicial decisions and customs, as opposed to statutes or written legislation.

Negligence and Fraud

Legal terms where negligence involves failure to exercise expected care, while fraud entails deliberate deception for unfair or financial gain.

Securities Law

Securities law encompasses the set of legal provisions and regulations governing the issuance, purchase, and sale of securities, such as stocks and bonds.

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