What Does On-Demand Computing Mean

question 17

Multiple Choice

What does on-demand computing mean?

• A)It means an organization pays the service provider periodically as requested by the provider.
• B)It means an organization pays only for the computer power it uses.
• C)It means an organization making pre-payments to the service provider for services well in advance of needing them.
• D)It means an organization requests flexible payment options.

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Definitions:

Conform to Contract

To act in accordance with the terms and conditions outlined in a contract.

Sales Contract

A legal agreement between buyer and seller detailing the sale of goods or services, including terms about price, delivery, and conditions.

Breach Occurs

The point at which a party fails to fulfill their obligations under a contract, resulting in a breach of the agreement.

Liquidated Damages Clause

A provision in a contract that pre-determines the amount of damages to be paid if one party breaches the agreement.