What Is a Global Positioning System (GPS)

question 102

Multiple Choice

What is a global positioning system (GPS) ?

• A)Occurs when a company places active or semi-passive RFID tags on expensive products or assets to gather data on the items' location with little or no manual intervention.
• B)Use plastic or conductive polymers instead of silicon-based microchips, allowing them to be washed or exposed to water without damaging the chip.
• C)A device that measures the acceleration (the rate of change of velocity)of an item and is used to track truck speeds or taxi cab speeds.
• D)A satellite-based navigation system providing extremely accurate position, time, and speed information.

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Definitions:

Capital upon Dissolution

The remaining assets available for distribution to the shareholders or partners after a firm's liabilities have been settled during dissolution.

Limited Liability

The legal principle where an individual's financial risk is restricted to a fixed amount, typically the value of their investment in a company, protecting personal assets from business debts and obligations.

Corporate Constitutional Rights

The legal rights and protections granted to corporations, treating them as entities that can exercise certain rights similar to individuals.

Corporate Citizenship

The commitment of a company to behave ethically and contribute to economic development while improving the quality of life of employees, communities, and society at large.