Word Processing, Spreadsheet, and Personal Information Management Software Are Examples

question 96

True/False

Word processing, spreadsheet, and personal information management software are examples of vertical applications software.

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Definitions:

Community Property

A form of concurrent property ownership in which each spouse owns an undivided one-half interest in property acquired during the marriage.

Undivided Interest

A share in property ownership rights where each owner's portion is not physically divided from the others.

Fixed-Term Tenancy

A legal agreement in which a property is leased for a specific period of time.

Express Contract

A legally binding agreement where the terms are clearly stated either verbally or in writing by the parties involved.