Which of the Following Examples Illustrates Sniffing

question 44

Multiple Choice

Which of the following examples illustrates sniffing?

• A) A fraudster impersonating a customer and buying equipment on the customer's account.
• B) A fraudster viewing design data of a special project that is being transferred over a network.
• C) A fraudster using another employee's passwords to access sensitive information.
• D) An internet site mimicking another site by using .com instead of .org.

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Definitions:

Substitution Effect

The change in consumption that results from a change in the price of one good relative to the prices of other goods, holding utility constant.

Income Effect

The change in consumption that results from a change in real income or purchasing power.

Demand Function

A mathematical model that describes the quantity of a good or service demanded at various prices, holding other factors constant.

Substitution Effect

The substitution effect is a concept in economics that describes how consumers change their consumption patterns in response to changes in the prices of goods, opting for cheaper alternatives when prices increase.