Which of the Following Best Describes Domain Name Kiting

question 10

Multiple Choice

Which of the following best describes domain name kiting?

• A)It is a practice of hacking domain names.
• B)It is the practice of transferring domain names.
• C)It is the process of erasing the DNS records of a domain name.
• D)It is the practice of repeatedly registering and deleting a domain name so that in effect, the registrant can own the domain name without paying for it.

Recognize the age of majority for contracting as established by law and its relevance in contract formation.

Grasp the concept of disaffirmance, including the conditions under which a contract can be disaffirmed.

Identify the legal effects of ratification and how it impacts contracts entered into by minors.

Understand the protections and limitations associated with contracts involving necessaries.

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Definitions:

Cash Receipts

The collection of money, including coins, notes, and electronic transfers, received by a business during its normal operations.

Over-The-Counter

A decentralized market where securities not listed on formal exchanges are traded directly between parties.

Voucher System

An internal control mechanism in accounting, where documents (vouchers) are prepared for every transaction involving the payment of cash or transfer of funds.

Documentation

Written or electronic records that provide evidence of transactions, processes, or agreements.