An__________is a Third-Party Exchange That Provides a Platform for Buyers

question 63

Multiple Choice

An__________is a third-party exchange that provides a platform for buyers and sellers to interact with each other and trade more efficiently online.

• A) e-marketplace
• B) e-host
• C) e-exhibition
• D) e-media
• E) Select

Understand the basic elements required for a valid contract, including offer, acceptance, and consideration.

Identify and describe different types of contracts (bilateral, unilateral).

Recognize the legal implications of breaching a contract.

Understand the distinction between intellectual property and other forms of property.

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Definitions:

Payback Periods

The amount of time it takes for an investment to generate cash flows sufficient to recover its initial cost.

Investments

Items or resources purchased with the intention of earning income or increasing in value as time goes on.

Short Payback Period

A time frame in which an investment is expected to be recovered quickly, indicating potential attractiveness.

Revenue

The cumulative earnings generated by a business from sales of products or offering of services over a designated period.