Basically,an Extranet Is a Network That Connects Two or More

question 97

True/False

Basically,an extranet is a network that connects two or more companies so they can securely share information.

---

Definitions:

Limited Liability

Liability is restricted to capital contributed; shareholders are shielded from liability for the corporation’s debts.

Law Governing Corporations

A body of laws and regulations that dictate the creation, operation, and dissolution of corporations.

Significance

The importance or meaning of something, especially in terms of its effect or influence on particular situations or contexts.

Annual Returns

Reports filed annually that detail a company's financial status, including assets, liabilities, and profits, often required by government entities to ensure transparency.