What Is an Electronic Marketplace

question 143

Multiple Choice

What is an electronic marketplace?

• A) Interactive business communities providing a central market space where multiple buyers and sellers can engage in e-business activities
• B) Version of a retail store where customers can shop at any hour of the day without leaving their home or office
• C) Serves as a gateway through which a visitor can access other e-shops
• D) None of these

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Definitions:

Bankrupt Discharged

The legal status indicating that an individual or entity, previously declared bankrupt, has been released from the obligation of repaying certain debts.

Past Maintenance

Support or upkeep that was required or provided in the past, often related to financial support for a person.

Subcontractors

Individuals or companies hired by a primary contractor to perform specific parts of a larger project.

General Contractor

A principal contractor who is responsible for the oversight of a construction project, managing subcontractors, and providing materials and labor for the completion of the job.