Companies Such as Manufacturers That Sell Directly to Consumers (Dell),and

question 4

Multiple Choice

Companies such as manufacturers that sell directly to consumers (Dell) ,and companies that provide online shipping services (FedEx,UPS) are all examples of which of the following?

• A)Web customers
• B)B2B
• C)C2B
• D)B2C

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Definitions:

Sum Certain

A legal term referring to a specified or fixed amount of money.

Unconditional Promise

A pledge or guarantee that is absolute and not subject to any conditions or contingencies.

Bearer Instruments

Bearer instruments are financial documents that entitle the holder or bearer of the document to the rights or property stated in the document, without requiring proof of ownership.

Demand Instrument

A financial document that requires payment to be made by the issuer upon request by the holder of the document.