In Which of the Following Internet Business Models Does a Merchant

question 63

Multiple Choice

In which of the following Internet business models does a merchant create an online digital environment that enables people with like interests to share information?

• A)community provider
• B)service provider
• C)market creator
• D)transaction broker
• E)portal

---

Definitions:

Bargained-For-Exchange

A fundamental concept in contract law that requires each party to provide something of value to the other for a contract to be valid.

Statutorily Enforceable

Refers to rights or obligations that are created, recognized, and enforced through specific statutes or laws enacted by a legislative body.

Past-Due

Referring to a payment or obligation that has not been met by its deadline.

Breach of Contract

The failure to perform as specified in a legally binding contract, which can lead to legal actions and damages.