Which of the Following Statements Is TRUE

question 25

Multiple Choice

Which of the following statements is TRUE?

• A)Electronic commerce discourages international business transactions.
• B)Technology allows contracts to be performed less efficiently.
• C)Technology increases marketing costs.
• D)The law governing electronic commerce is uncertain.
• E)Electronic commerce is governed by a set of international treaties.

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Definitions:

Economic Downturn

A period of declining economic performance across a broad area, such as a country or multiple countries, characterized by reduced spending and increased unemployment.

Inflation Rate

The percentage rate at which the general level of prices for goods and services is rising, eroding purchasing power.

Contingency Planning

The process of preparing for unexpected events by developing strategies to address and mitigate risks.

Alternative Courses

Different paths or strategies that can be chosen in decision-making processes to achieve a specific goal.