E-Commerce Transactions Are

question 25

Multiple Choice

E-commerce transactions are

• A) business-to-business (B2B)
• B) business-to-customer (B2C)
• C) customer-to-customer (C2C)
• D) all of the above

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Definitions:

Assignment

A contracting party’s transfer of his or her rights to a contract to a third party.

Personal in Nature

Refers to anything related to or affecting a person individually, rather than businesses or entities.

Condition Precedent

A condition in a contract that must be met before a party's promise becomes enforceable.

Parol Evidence Rule

A legal principle that prevents parties to a written contract from presenting extrinsic evidence of terms that contradict or modify the written terms of the contract.