________ Is a Set of Instructions Stored on Your Computer

question 56

Short Answer

________ is a set of instructions stored on your computer.

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Definitions:

Mutual Benefit Bailment

An arrangement where both the bailor and bailee receive some benefit from the bailment, such as a loaned item or use of property.

Bailment

The act of temporarily transferring possession but not ownership of personal property to another person under a contract.

Consideration

The value (which can be a promise, an act, or an object) exchanged between parties in a contract.

Voluntary Transfer

The act of willingly transferring ownership or interest in an asset from one party to another without coercion.