Contract Formation in Cyberspace Is the Result of a Desire

question 14

True/False

Contract formation in cyberspace is the result of a desire for businesses to use a common language to form contracts.

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Definitions:

Logistical Function

Involves the planning, implementation, and control of the efficient flow and storage of goods, services, and related information from point of origin to point of consumption to meet customer requirements.

Channel Intermediaries

Middlemen or agents between the producer and the consumer, facilitating the distribution of products or services through various channels.

Moving Product

The process of transferring goods from the point of production to locations where they can be distributed to consumers.

Distribution

The process of making a product or service available for the consumer or business user that needs it, through various channels.