Data ____ Refers to Computer Algorithms That Analyze Information to Discover

question 54

Multiple Choice

Data ____ refers to computer algorithms that analyze information to discover previously unknown and potentially useful information.

• A) leading
• B) mining
• C) tracking
• D) warehousing

Understand the concept of contractual capacity and its importance in contract law.

Define and identify intellectual property rights, including copyrights, patents, trademarks, and trade secrets.

Recognize and articulate the basic requirements for the formation of a valid contract.

Explain the defenses available in a breach-of-contract lawsuit, including the meaning of adequate consideration.

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Definitions:

Chain of Distribution

The sequence of intermediaries through which a product or service passes until it reaches the end consumer.

Competitors

Individuals or entities that are in the same industry or market and vying for the same customers or market share.

Robinson-Patman Act

A United States federal law that prohibits anticompetitive practices by producers, specifically price discrimination.

Cost Savings

A reduction in expenses, achieving the same outcomes but at a lower cost.