__________ Consists of the Buying and Selling of Products and Services

question 45

Multiple Choice

__________ consists of the buying and selling of products and services over electronic systems,typically the Internet.

• A) E-commerce
• B) Cloud computing
• C) Electronic data interchange
• D) M-commerce

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Definitions:

Land Conveyed

Refers to the process of transferring ownership of real estate from one party to another through a legal document such as a deed.

Estate Conveyed

The process of transferring property ownership, typically through a legal deed, from one party to another.

Consideration

Something of value given by both parties to a contract that induces them to enter into the agreement to exchange mutual performances.

Restrictive Covenants

Clauses within a contract that limit the actions of the parties, commonly used in employment and real estate agreements to restrict competition or usage.