100 Miles Is a Community Website Where Users Can Share

question 98

Multiple Choice

100 Miles is a community website where users can share their travel-related videos with other users. They can also like the videos shared by other users. The visibility of a video depends on the number of "likes" it gets. In the given scenario, what kind of site is 100 Miles?

• A)a microblog
• B)a review site
• C)a social news site
• D)a location-based social networking site

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Definitions:

Financial Lease

A type of lease where the lessee assumes some of the risks and benefits of ownership of the leased asset.

Fully-Amortized

Describes a loan in which all payments will be made on time and in full over the life of the loan, resulting in the complete payoff of the loan amount and interest.

Insurance

A financial product that provides protection against potential future losses or damages.

Financial Leases

Financial leases are long-term leases in which the lessee is responsible for maintenance, taxes, and insurance, essentially treating the leased asset as if it were owned.