In E-Commerce, Some Cryptographic Tools Can Be Used to Assure

question 35

Short Answer

In e-commerce, some cryptographic tools can be used to assure that parties to the transaction are authentic, so that they cannot later deny having participated in a transaction, a feature often called ____________________.

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Definitions:

Direct-Financing Leases

Direct-Financing Leases are lease agreements where the lessor essentially acts as a financier, purchasing an asset and leasing it to the lessee, without assuming risk of ownership.

Capital Lease

A lease classified as a financial transaction where the lessee effectively buys an asset and finances it over the lease term.

Operating Lease

An agreement that permits the utilization of an asset without owning it, usually with a shorter duration than a finance lease.

Fair Value

What one would earn from selling an asset or what it would cost to shift a liability in a systematic operation with market actors on the appraisal date.