In Business-Related Systems,textual Output Is Becoming Less Important as the Text-Based

question 4

True/False

In business-related systems,textual output is becoming less important as the text-based applications that use these systems are slowly disappearing.

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Definitions:

Statute of Frauds

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

Punitive Damages

Financial compensation awarded in lawsuits as a punishment to the defendant, over and above actual damages.

Deterrent

Something that discourages or prevents a person or action through fear of consequences or negative outcomes.

Consequential Damages

Refers to secondary effects or financial losses that result indirectly from a breach of contract.