Define SaaS, PaaS, and IaaS

question 51

Essay

Define SaaS, PaaS, and IaaS. Provide an example of each.

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Definitions:

Payable

Refers to debts or obligations of an individual or company that are due to be paid to creditors.

Acknowledged

Recognized or accepted as valid or true by a person or entity.

Negotiable

Refers to financial instruments or contracts that can be easily transferred or sold to another party.

Payable On Demand

A financial obligation that must be paid by the debtor when the creditor requests it.