An Information System Interacts with Its Environment By

question 84

Multiple Choice

An information system interacts with its environment by:

• A) processing data.
• B) receiving data.
• C) XML protocols.
• D) systems analysts.
• E) sending data.

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Definitions:

Dishonored

Refused; specifically, a payment that has been refused despite a holder presenting an instrument in a timely and proper manner.

Holder in Due Course

A legal term referring to a person who has acquired a negotiable instrument in good faith and for value, and thus has certain protections against defenses and claims that could be raised by prior parties.

Transfer Warranties

Guarantees provided by a seller to a buyer regarding the condition and legality of the item or property being transferred.

Endorsement

The act of signing one's name on the back of a financial instrument, such as a check, thereby transferring rights or title to another party.