Three Types of Internet Business Models Include Advertising-Based, Markup-Based, and Referral-Based

question 126

True/False

Three types of Internet business models include advertising-based, markup-based, and referral-based.

---

Definitions:

Code and Restatement

Legal documents that systematically collect statutes, codes, or common law principles, simplifying and clarifying the law.

Donee Beneficiaries

Individuals or entities that receive benefits from a contract, though they are not one of the primary parties involved in the agreement.

Creditor Beneficiaries

Third parties that benefit from a contract between two other parties because one party promises to pay a debt owed to the beneficiary.

Incidental Beneficiaries

Individuals or entities that unexpectedly benefit from a contract, despite not being directly involved in its formulations.