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Why Has Mobile Commerce Become So Popular? L-Commerce Is One

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Essay

Why has mobile commerce become so popular? L-commerce is one application of mobile commerce that is heavily used by some companies. What is l-commerce? Provide a business example of how l-commerce can be or is used.


Definitions:

2% Commission

A fee paid to a salesperson, broker, or agent, equivalent to 2% of the sales amount or transaction value.

Closing Price

The final price at which a security is traded on a given trading day, representing the most up-to-date valuation of the security until trading resumes.

Trading Day

Refers to a day on which the stock exchanges are open for trading.

Broker Fee

A charge or commission a broker commands for their service in facilitating transactions, such as buying or selling securities.

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