Electronic Storefronts,Internet Malls,and Exchanges Are Major B2B E-Marketplaces

question 43

True/False

Electronic storefronts,Internet malls,and exchanges are major B2B e-marketplaces.

---

Definitions:

Creditor Beneficiary

A third party who benefits from a contract made between two other parties because one of the primary parties owes a debt to the beneficiary.

Contract

A legally enforceable agreement between two or more parties that creates mutual obligations.

Promisor

The person or party who makes a promise or agrees to perform an action or fulfill an obligation under a contract.

Promisee

The individual or entity to whom a promise or commitment is made, typically in a contractual agreement.