Local Motors Uses Crowdsourcing in Unique Ways

question 31

Multiple Choice

Local Motors uses crowdsourcing in unique ways.Which of the following describes one of those ways?

• A)to obtain customer lists
• B)to obtain ideas for their new sports cars from their community of hobbyists, designers, and engineers
• C)to obtain ideas for their new sports cars from the general public
• D)to obtain users for pilot testing

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Definitions:

Holder in Due Course

A legal term referring to a person who has acquired a negotiable instrument in good faith and for value, and thus has certain protections against defenses and claims that could be raised by prior parties.

Transfer Warranties

Guarantees provided by a seller to a buyer regarding the condition and legality of the item or property being transferred.

Endorsement

The act of signing one's name on the back of a financial instrument, such as a check, thereby transferring rights or title to another party.

Payee

The party that receives the benefit of an order (check, etc.).