Which of the Following Statements Is True About E-Commerce

question 13

Multiple Choice

Which of the following statements is true about e-commerce?

• A) It results in an increase in inventory-carrying costs.
• B) It improves the flow of price data.
• C) It decreases market efficiency.
• D) It reduces sharing of consumer data.

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Definitions:

Mental Incapacity

Refers to a condition where an individual is unable to make legal decisions due to cognitive or psychological impairments.

Canadian Imperial Bank of Commerce v. Milhomens

A specific legal case, likely involving legal principles or judgments pertaining to the entities named.

Insanity

A legal defense claiming that a defendant was unable to understand the nature of their actions or distinguish right from wrong due to mental illness at the time of their crime.

Voidable Contract

An agreement that has legal effect but that one of the parties has the option to end.