The Applications Approach to Business Event Processing

question 3

Multiple Choice

The applications approach to business event processing:

• A) concentrates on integrated applications
• B) uses a central database
• C) has data redundancy
• D) none of the above

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Definitions:

Personal Liability

The legal obligation of an individual to bear the cost of damages or losses themselves, rather than the liability being absorbed by an entity or insurance.

Agency Relationship

A fiduciary relationship in which one party (the agent) agrees to act on behalf of another party (the principal).

Ratify

To formally approve or confirm, often used in the context of treaties, agreements, or legislation.

Commission

A fee paid to an agent or employee for completing a task or making a sale, which is often a percentage of the sale's total value.