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:

Exercise Control

The act of directing, managing, or commanding something or someone effectively.

Duty

In a negligence action, an obligation to live up to a reasonable standard.

Gratuitous Bailment

A legal relationship where personal property is voluntarily transferred from one party to another without expectation of payment or benefit.

Equity

Legal principles founded upon fairness, as developed in the Court of Chancery to relieve the harshness of the common law; also the value left in an asset after subtracting what the owner owes.