In Emerging Economies, Wide Variations of E-Commerce Readiness Are Apparent

question 30

Multiple Choice

In emerging economies, wide variations of e-commerce readiness are apparent. For example, Korea and Taiwan are among the most prepared economies, though, in general, Asian economies are hampered by____________________.

• A) credit card usage
• B) data security
• C) acceptance of electronic signatures
• D) lack of computer users

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Definitions:

Tender Of Performance

An offer by one party to perform their obligations under a contract, in accordance with the terms agreed upon, which can be relevant in resolving disputes about contract breaches.

Agreement

A mutual understanding or arrangement, often formal, between two or more parties regarding their rights and duties toward each other.

Certified Cheque

A cheque guaranteed by a bank, assuring the recipient that the writer has sufficient funds available for the transaction.

Method Of Payment

A method of payment refers to the way in which a buyer chooses to compensate the seller of a good or service, typically including options such as cash, credit cards, checks, or electronic transfers.