Which of the Following Best Describes the Early Years of E-Commerce

question 30

Multiple Choice

Which of the following best describes the early years of e-commerce?

• A) They were a technological success but a mixed business success.
• B) They were a technological success but a business failure.
• C) They were a technological failure but a business success.
• D) They were a mixed technological and business success.

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Definitions:

Under Seal

A legal term indicating that a document or case is officially confidential and not to be made public without authorization.

Letters Of Credit

Financial instruments issued by a bank guaranteeing a buyer's payment to a seller, within a specific timeframe, under specified conditions.

Material Terms

Essential conditions or clauses within a contract that significantly affect the performance obligations, the breach of which would substantially change the agreement's outcome.

Damages

Monetary compensation that a party is ordered to pay to another for harm or injury.