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Enterprises Can Acquire the Latest Business Apps and Digital Services

question 46

Multiple Choice

Enterprises can acquire the latest business apps and digital services as they are needed and without large upfront investments by switching from owning IT resources to ________.


Definitions:

Leasehold Estate

An interest in real property allowing the holder to use and occupy the land or property for a specific period, under a lease agreement.

Freehold Estate

A type of real property ownership where the owner has indefinite duration of ownership rights, including the land and buildings.

Life Estate

A property interest that lasts for the lifetime of a specific individual, after which the property passes to another recipient.

Joint Tenancy

A form of property co-ownership that provides each tenant with an equal share and rights in the property, with the provision of right of survivorship.

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